>>REAL-TIME UPDATES IN THE WIRE. CLICK HERE<<<
Chinese local governments will be allowed to use part of the money raised from special-purpose bonds to replenish small banks' capital, as the world’s second largest economy tries to defuse bad-debt risks and strengthen small banks’ ability to serve the real economy.
Local governments can use proceeds from the special-purpose bonds to buy convertible bonds sold by some small and medium-sized banks, said the State Council in a meeting on Wednesday.
“We have decided to focus on enhancing the ability of financial services for small and medium-sized enterprises, and . . .
Sign In or Subscribe To Get Full Access.
We Are Live On THE WIRE Every Trading Day. Don't Miss Out. Grab Limited-Time Welcome Offer!
Users' reviews
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."
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
Sign Up For Free Weekly China Market Highlights HERE!