PBOC is said to ease bank capital rule to encourage lending - BBG

According to the latest headlines floating on the wires, via Bloomberg, the People's Bank of China (PBOC) is said to ease bank capital rule to encourage lending.

The report, citing people familiar with the matter, says that some Chinese lenders have received notice from the PBOC that a specific capital requirement, as part of their balance sheets, will be lowered to improve lending.