People’s Bank of China Adds 100 Billion Yuan in Credit Support for Disaster Relief and Reconstruction
2025-08-21
BEIJING MONITORING DESK The People’s Bank of China (PBOC) has announced an additional 100 billion yuan (approximately $14 billion) in credit support to assist with disaster relief efforts, particularly in response to recent flooding and other natural calamities. According to China Global Television Network (CGTN), the central bank issued aRead More →