KM Financial Solutions | UPDATE 1-China’s central bank says lenders to tolerate higher bad loans to support virus-hit firms
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UPDATE 1-China’s central bank says lenders to tolerate higher bad loans to support virus-hit firms

UPDATE 1-China’s central bank says lenders to tolerate higher bad loans to support virus-hit firms

China’s central bank said on
Saturday that the country’s lenders will tolerate higher levels
of bad loans, part of efforts to support firms hit by the
coronavirus epidemic.

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