Free Trial

China must strengthen its financial.....>

CHINA PRESS
MNI (London)
CHINA PRESS: China must strengthen its financial supply capacity in order to
lower interest rates, said 21st Century Business Herald in a commentary on
Friday. Banks must diversify its asset-backed lending model and improve new
financing methods including trade financing, the newspaper said. It is also
necessary to break the business restrictions on city and rural commercial banks,
allowing them to operate across regions and participate in the inter-bank
lending market, the newspaper said. Banks' business model should not be limited
by regions, but its actual cash size, the paper added.
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.