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China increased its cross-border financing limit to boost foreign borrowing and support economic growth.
China raised a key parameter for cross-border financing from 1.5 to 1.75, announced by the People's Bank of China and the State Administration of Foreign Exchange.
This adjustment allows companies and financial institutions to borrow more from foreign markets, aiming to improve macro-prudential management and optimize asset-liability structures.
The move is expected to enhance access to foreign capital and support economic growth.
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China aumentó su límite de financiación transfronteriza para impulsar el endeudamiento externo y apoyar el crecimiento económico.