Info crossing the news wires with no further detail at this stage.
- The People's Bank of China's branch in Guangzhou has recently guided financial institutions under its supervision to provide offshore financing to quality property developers
- backed a domestic guarantee
- involving over 2.8 billion yuan of funding
The news from China is getting better for markets:
- China's Finance Minister reiterated plans to appropriately expand fiscal spending
- China COVID peak? Nearly a dozen major Chinese cities are reporting recovery in subway use
