China Extends Economic Stimulus Measures For Small And Micro-Businesses
PYMNTS
DECEMBER 23, 2020
China’s State Council announced late Tuesday that small and micro-sized businesses can defer loan payments past first quarter 2021 as needed, according to CNBC. Certain banks catering to small businesses will also continue to receive government support in the wake of a massive shutdown earlier this year due to the COVID-19 pandemic.
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