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China's chattel financing sees registered cases reach 1.84 mln

BEIJING
2015-11-24 21:27

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China's chattel financing has seen registered cases reach 1.84 million by November 18, with the financing value expected to surpass 1 trillion yuan, said Yang Ziqiang, governor assistant of the People's Bank of China, in a seminar on Tuesday.

Chattel or movable properties are approved as legitimate items for small and medium-sized companies to finance from domestic banks.

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