In this regard, China’s announcement that lowered the economic growth target from 8.0 percent in 2011 to 7.5 percent in 2012 was a favorable step toward achieving a soft landing of the economy, despite the weakened economic stimulus effect in the short term.
Any commitment to provide such liquidity facility, is to be treated as an off-balance sheet item and attracts 100% credit conversion factor as well as 100% risk weight.