Wednesday 15 January 2020

China Extends Short and Medium-term Loans to Ease Potential Crunch Ahead of Lunar New Year

Rising cash demand from companies and households for the Lunar New Year holiday, a flood of special bond issuance by local governments and corporate quarterly tax payments have all combined to drain funds from the banking system.

from Top Business News- News18.com https://ift.tt/35WBkyg

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