China’s $118 bln virus lending push stymied by bureaucratic confusion
18 Mar China’s $118 bln virus lending push stymied by bureaucratic confusion
Posted at 22:58h
in
News
by KMFSLLP
China’s efforts to
pump 800 billion yuan ($118 billion) into companies via cheap
bank loans to counter the economic impact of the virus outbreak
have run into a snag: bureaucratic confusion.
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