BOC says government bond purchases may not begin until 2028.

Bank of Mexico says it has scope to act independently of the Federal Reserve going forward.

The PBOC Credit Market Department deputy director Che Shiyi said at an NDRC briefing that as of end-Q2 outstanding domestic- and foreign-currency medium-to-long-term loans to the services sector totaled 76.22 trillion yuan, up 6.4% YoY and 1.3ppt faster than overall loan growth. He said the PBOC and other agencies have issued measures to expand financing for new service formats and improve financial products to support higher-quality service supply.