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[7 Oct 2017 | No Comment | ]

by Xie Yu in South China Morning Post, Oct 7, 2017
China’s decision last weekend to selectively free up lending of commercial banks is the latest sign of the government’s pressing need to re-engage its robust private sector at a time when economic growth is slowing and state firms are piled with debt.
Beijing’s revived advances are not new, but they are critical to restoring the confidence of Chinese private entrepreneurs, who have held back domestic investments and moved their assets abroad in the last few years, and more recently, been …