top of page
Search

AmiSight 3/10: Does China Have the Right Idea About Small Business Lending?

  • Writer: Ami Kassar
    Ami Kassar
  • Mar 10, 2022
  • 1 min read

In international news, it is interesting to see that China is trying to increase lending to small businesses by 40% in 2022 from their large commercial banks. The Chinese government is helping to facilitate this by cutting rates, reducing fees, and promoting mid/long-term lending to the manufacturing sector.


It is said that the main reason for this move is to help stabilize employment. As a safety measure against systematic risks, they will also set up a financial stability guarantee fund.


 
 
 

1 comentário


Rebecca Schultz
Rebecca Schultz
10 de mar. de 2022

Feels very similar to what SBA has done for the US small businesses. What do you think?

Curtir

SUBSCRIBE TO THIS DAILY BLOG HERE

Thanks for joining our community!

800-276-0690

©2021 by AmiSights. Proudly created with Wix.com

bottom of page