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China gives relief to shield trillions of yuan in bad debt amid virus outbreak

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China's financial regulators will allow the nation's lenders to delay recognising bad loans from smaller businesses reeling from the novel coronavirus outbreak, giving temporary reprieve to trillions of yuan of debt.

[BEIJING] China's financial regulators will allow the nation's lenders to delay recognising bad loans from smaller businesses reeling from the novel coronavirus outbreak, giving temporary reprieve to trillions of yuan of debt.

Qualified small and medium-sized businesses nationwide with...

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