Mioola
1
1 year ago
China Gives More Money As The Vote For Country Garden Gets Closer China is dealing with a slowdown that has shaken markets around the world. The attention is now on problematic developer Country Garden's (2007.HK) growing debt problem, which is happening in a sector that makes up about a quarter of the economy. As pressure grows, the government has taken a few steps to boost the economy and get the real estate market going again. These steps include making it easier for people to borrow money and lowering the amount of foreign currency banks must keep on hand as reserves. Site: https://www.emeriobanque.com/news/china-s-economic-support-as-country-garden-vote-looms Tags: #InternationalTradefinance #financialinstitutions
emeriobanque.com