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China rolls out $72 bn loan backstop, but can it revive its flagging private sector?

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By Firstpost-Business

China rolls out $72 bn loan backstop, but can it revive its flagging private sector?
Representative Image • Source: FP Business Desk
China is turning to state-backed risk sharing to unlock credit for private firms, but weak demand and lender caution raise questions over how far the move can reignite growth

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