Global EconomyIMPORTANTSeptember 14 at 01:10 AM

PBoC plans to expand the yuan offshore market and will consider expanding the central bank's macroprudential and financial stability roles, adds will innovate macroprudential policy tools and support steady economic recovery and growth

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PBoC announced plans to expand offshore yuan markets, boost cross-border usage, innovate macroprudential tools, and support a new real estate model amid ongoing property stabilization measures.

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Says: Backs building a new model for real estate development. Will boost cross-border yuan usage.

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PBoC plans to expand the yuan offshore market and will consider expanding the central bank's macroprudential and financial stability roles, adds will innovate macroprudential policy tools and support steady economic recovery and growth

News detail

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