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China to provide further support for banks’ bond sales to replenish capital

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China will provide further support for banks’ bond issuance to replenish bonds to help boost lending to the real economy, said a vice central bank governor on Tuesday.

“The central bank will work with relevant government departments to further improve the policy framework on perpetual bonds and support banks’ efforts to replenish capital via multiple channels to enhance their ability to support high quality growth of the real economy,” said Pan Gongsheng, vice governor of the People’s Bank of . . .

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