The Governor of the PBOC met with property developers, said he'd help out with funds
<p>ICYMI, news that People's Bank of China governor Pan Gongsheng met with representatives from eight private firms to hear about their difficulties and corporate financing needs.</p><p>The PBOIC provided the info in a statement late on Thursday. </p><p>Pan said that the Bank would expand a support tool for private companies’ bond issuance and "meet the reasonable financing needs of developers to foster the healthy development of the housing market". </p><p>Gave a wee boost to the yuan:</p>
This article was written by Eamonn Sheridan at www.forexlive.com.
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