New lending rules for Chinese SMEs overlook deeper structural issues in credit market, say analysts

Chongqing in China

Analysts have said new rules introduced by China's regulator to increase the amount of credit made available to small businesses are unlikely to have the desired effect, unless more pressing structural issues in its credit markets are addressed.

The China Banking Regulatory Commission (CBRC) on Thursday issued ten measures to commercial banks in mainland China. The measures cover four broad aspects. Firstly, they require commercial banks in China to give "preferential treatment" to small

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