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Chinese central bank urges banks to boost lending to prevent credit slowdown.
China's central bank has ordered some commercial banks to increase lending in April to prevent a slowdown in credit growth.
The People's Bank of China (PBOC) held a rare meeting urging banks to ensure loan balances grow month-on-month amid concerns over weak domestic demand, property sector challenges, and global risks.
The directive follows a strong start to the year driven by exports but highlights fears of an uneven economic recovery.
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El banco central chino insta a los bancos a impulsar los préstamos para evitar la desaceleración del crédito.