You are here

Chinese premier urges reluctant banks to support real economy

BT_20150418_CPSUPPORT18_1624573.jpg
MR LI: Has been quoted in the Chinese government website as encouraging banks to lend to SMEs because their financing difficulties affect employment

Beijing

CHINESE Premier Li Keqiang on Friday urged banks to do more to support the real economy, as the authorities grow frustrated with commercial banks' reluctance to lend for productive investment, even as their funds support a debt-fuelled stock market rally.

Three sources with