Bankers say recently announced government measures will be only a limited stimulus for lending to the private sector. Photo: Reuters
Beijing has a funding relief plan for distressed private firms but will banks follow?
- New government proposals expected to have limited impact on cash flowing to sector, industry insiders say
- Loan officers ‘unlikely to risk’ lending to most private firms even with personal exemptions
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China economy
Bankers say recently announced government measures will be only a limited stimulus for lending to the private sector. Photo: Reuters