Many small Chinese businesses are struggling to survive amid the Covid-19 pandemic. Photo: EPA-EFE Many small Chinese businesses are struggling to survive amid the Covid-19 pandemic. Photo: EPA-EFE
Many small Chinese businesses are struggling to survive amid the Covid-19 pandemic. Photo: EPA-EFE

Coronavirus: China probes ways to ramp up bank lending to cash-strapped small businesses

  • Chinese authorities are asking small businesses about difficulties obtaining loans from banks, as a growing number struggle with cash flow problems
  • Survey launches at a time of acute financial distress for small factories and shops, which have been hardest hit by the economic impact of the coronavirus

Topic |   Coronavirus pandemic
Many small Chinese businesses are struggling to survive amid the Covid-19 pandemic. Photo: EPA-EFE Many small Chinese businesses are struggling to survive amid the Covid-19 pandemic. Photo: EPA-EFE
Many small Chinese businesses are struggling to survive amid the Covid-19 pandemic. Photo: EPA-EFE
READ FULL ARTICLE