China's central bank says lenders to tolerate higher bad loans to support virus-hit firms

Credit: Hindu- Published 2 days ago
“We will support qualified firms so that they can resume work and production as soon as possible,” said Fan Yifei, a vice governor at the People's Bank of China.
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“We will support qualified firms so that they can resume work and production as soon as possible,” said Fan Yifei, a vice governor at the People's Bank of...
2 days ago • Hindu

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