Xi's Private Lending Push Risks Being Hamstrung at Local Level
A vendor places a 100 yuan banknote into a basket at a food exhibition in Shanghai, China. (Photographer: Qilai Shen/Bloomberg)

Xi's Private Lending Push Risks Being Hamstrung at Local Level

(Bloomberg) -- China’s drive to funnel more credit to private companies is set to hit resistance from banks controlled by local governments.
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