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Banks will continue to increase lending to small businesses, especially those driving employment or directly engaged in the fight against the novel coronavirus outbreak, said Xiong Qiyue, a researcher with the Bank of China Research Institute.
Banks should be cautious and seek ways to weather the storm, says Tan. While offering loans with stocks as collateral has been big business for many Chinese investment banks, he says Bocom is tightening the approval of such loans although the demand is there.

BYD Co Ltd and Toyota Motor Corp announced on Thursday the launch of a joint venture company, in a bid to give full play to their respective advantages to conduct research and development into battery electric vehicles (BEVs) in the future.
Barrett refused to say if she would recuse herself if, in the days after joining the Supreme Court, she has to review any legal challenge to the results of the election.
Based on hypothetical modelling rather than data-based analytical assessments, the article would only dampen business confidence between the two nations.
来源:资阳报