IN BRIEF (Page 5)

PBOC to increase rediscount quotas

China's central bank said on Friday it will increase the rediscount quota by 200 billion yuan ($28.88 billion) and the standing lending facility quota by 100 billion yuan, marking its latest step to boost liquidity in the banking system. The People's Bank of China, in a statement, said it aims to maintain ample liquidity for small and medium-sized banks through the increased quotas.

Foreign direct investment up