China’s central bank says more funds will be available for loans to small businesses from next week. Photo: Xinhua

Hours after US President Donald Trump tweets tariff threat China frees up US$41.5 billion for small firm loans

  • People’s Bank of China says reserve requirement for some rural lenders will be cut to 8 per cent from next week as part of ongoing plan to support small businesses
  • PBOC also pumps US$20 billion into banking system but makes no mention of US president’s Sunday night tweet
Topic |   China economy

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China’s central bank says more funds will be available for loans to small businesses from next week. Photo: Xinhua
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