Why Even Xi Can’t Get Funding To Small Firms In China

By Bloomberg News | Bloomberg, Washington Post: Business
Sat, 01/18/2020 - 6:13am

It’s rare that a campaign backed by China’s President Xi Jinping comes up short. Yet more than a year after he put his personal stamp on an unprecedented push to cajole banks into lending more to small- and medium-sized companies, they’re still starved of funds. That’s in large part because the effort collided with another Xi-backed campaign: to curb risks in the financial system.

Topics: china s president xi jinping xi-backed xi s small campaign

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Why Even Xi Can’t Get Funding To Small Firms In China

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