CGTN | 04-Jun-2020 | Wangjing SOHO, Beijing
China has extended repayment of loans to small and medium-sized enterprises. (SMEs) hurt by the Coronavirus outbreak as part of efforts to help them weather a difficult period. The repayment of principal and interest on loans of 1.3 trillion yuan (about 183 billion U.S. dollars) for SMEs has been extended from January 25 to May 15. The China Banking and Insurance Regulatory Commission said on Wednesday. Continue reading “China extends repayment of $183 Bln in loans to bolster SMEs”