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RSS FeedsChinese exporters hit by trade war to get help as Beijing orders banks to lend more
(WorldNews China)

 
 

20 august 2018 15:25:37

 
Chinese exporters hit by trade war to get help as Beijing orders banks to lend more
(WorldNews China)
 


Beijing has instructed banks to step up lending to the struggling sectors of the Chinese economy, including exporters hit hard by heavy US tariffs as well as contractors and private enterprises squeezed by lack of access to credit. In a circular released at the weekend, the China Banking and Insurance Regulatory Commission (CBIRC) vowed to improve the process that guides provision of additional money by the central bank through banks to the real economy, especially smaller firms hit hardest by......


 
5 viewsCategory: General > Asia > China
 
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