China’s central bank rolled almost two dozen measures and promises intended to boost lending and support industries that have been battered by recent Covid outbreaks and lockdowns. The 23 steps include everything from lending guidance for banks and promises to make it easier for companies to expand the cross-border use of the yuan, to general pledges for more credit or other financial support. The measures were outlined in a document published Monday by the People’s Bank of China and its foreign exchange regulator. They echoed a similar list of policies released in February 2020, at the height of the initial Covid ... (full story)