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MNI BRIEF: China To Ensure Credit Supply For Private Companies

MNI (BEIJING) - China’s top financial watchdog said Wednesday it will work to maintain a stable and effective credit supply to private enterprises, including private real estate developers, according to a statement on the National Financial Regulatory Administration website.

The regulator said it will increase support for small and medium-sized enterprises’ first-time borrowing and loan renewals, as well as bridging banks and enterprises for key private investment projects.

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MNI (BEIJING) - China’s top financial watchdog said Wednesday it will work to maintain a stable and effective credit supply to private enterprises, including private real estate developers, according to a statement on the National Financial Regulatory Administration website.

The regulator said it will increase support for small and medium-sized enterprises’ first-time borrowing and loan renewals, as well as bridging banks and enterprises for key private investment projects.

Keep reading...Show less