China's central bank made 350 billion yuan ($49.1 billion) in loans to policy banks through its pledged supplementary lending (PSL) facility in December, data showed, fuelling expectations of increased support for the country's ailing housing sector. The People's Bank of China, which released the data in a statement on Tuesday, did not say how China Development Bank, Export-Import Bank of China and Agricultural Development Bank of China would use the loans. The data shows the first monthly increase in PSL loans since November 2022. The PBOC granted 630 billion yuan in such loans between September and November 2022 to ... (full story)