Summary | Having delivered an interest-rate cut to help big
state-owned companies and local governments cope with
debilitating debt, China's central bank is grappling with
another thorny task: how to steer credit to the private
businesses Beijing deems crucial to growth.
state-owned companies and local governments cope with
debilitating debt, China's central bank is grappling with
another thorny task: how to steer credit to the private
businesses Beijing deems crucial to growth.
blogs.wsj.com | 22 May 2015