Lenders told to restrict new credit to local govts’ companies

Lenders told to restrict new credit to local govts’ companies
SHANGHAI: China’s banking regulator has told commercial lenders to restrict new credit they provide to local governments’ financing vehicles, to ward off potential risks of default, state …

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Tagged as: Commercial Lenders, companies, credit, Default State, govts’, Lenders, local, Local Governments, restrict, Shanghai China, told