China Pushes Banks to Boost Lending to Support Economy

Regulators, including the central bank governor of Pangongshan, held a teleconference with financial executives to discuss economic support. They urged banks to increase lending while reducing risks, amid concerns over low loan demand and economic growth. Following a recent MLF rate cut, a further cut to the LPR is anticipated to stabilize the economy, especially given issues in the property market and with trust companies.

What actions are anticipated from the central bank following the surprise cut?

How do the issues in the property market and trust companies affect the central bank's actions?