Â
>>REAL-TIME UPDATES IN THE WIRE. CLICK HERE<<<
Â
Â
Local banking regulators in several regions have asked lenders to relax standards for recognising hard-hit companies’ non-performing loans (NPLs) to help companies amid the coronavirus outbreak.
The local branch of the China Banking and Insurance Regulatory Commission (CBIRC) in Shanghai has announced 18 measures to support companies hit by the coronavirus outbreak. Banks are no longer required to identify loans overdue for more than 90 days and 60 days as NPLs to help companies whose revenue sources are temporarily cut off by the epidemic, said the regulator.
Banks are also told to work . . .
Sign In or Subscribe To Get Full Access.Â
We Are Live On THE WIRE Every Trading Day. Don't Miss Out. Grab Limited-Time Welcome Offer!  See Samples
Users' reviewsÂ
Mike379 💬
"I appreciate the site because it contains all the news necessary to follow China market. With the comprehensive coverage and live updates, I no longer need to scour multiple sources. It's saved me so much time and hassle."Â
D. Alonso 💬
"I've been using this platform for a while now, and one thing that impresses me is regulatory updates, on both national and regional levels, which is hard to find in other sources. This kind of information really helps me get a comprehensive and deeper understanding of what's happening on the ground."
Osterman 💬
"The platform has made tracking China market incredibly easy. I can quickly access all the information I need and effortlessly navigate through the platform to stay updated on the latest developments in the Chinese market."
J. Lee 💬
"Very comprehensive website about China, realtime news, professional views, industry data etc. Perfect place to go if you need to monitor China market."
They work with us
 Â