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China to legalize private lending in bid to ease rural credit pressure
The government has warned that this year would be "the toughest" since the turn of the century, with the global downturn having cost about 20 million rural migrant workers their jobs. The government has urged laid-off workers to become entrepreneurs, but without access to funds, it would...
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- News Source: Androscoggin News | 9 months agoThe central government is funding only 1.2 trillion yuan ($172.6 billion) of the proposed 4 trillion yuan ($585.1 billion) in planned spending by 2010 on infrastructure, housing, health care, the environment and tax relief for certain sectors; the...
- News Source: Xinhuanet.com | 9 months agoThe government has warned that this year would be "the toughest" since the turn of the century, with the global downturn having cost about 20 million rural migrant workers their jobs. The government has urged laid-off workers to become...
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