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China will temporarily lower bad loan...>

CHINA PRESS
CHINA PRESS: China will temporarily lower bad loan provision requirements for
small and medium banks by 20 percentage points, aiming to free up capital for
bank lending, according to a statement on the government website following the
State Council executive meeting late Tuesday. Meanwhile, as a result of the
performance evaluation of banks, the weight of lending to small and micro-sized
enterprises will be raised above 10% in a bid to encourage SME credit, the
statement said. 

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