date:Apr 03, 2014
that his bank insists that the frozen stocks of each loan applicant must match the size of the loan in terms of longevity and value. If we lend CNY 2 million (USD 322.257/EUR 234,110) for a two year term we must be satisfied that the applicants stocks match that figure in durability and value.
A freeing up of credit would be a welcome boost to the seafood export sector, according to Chinese trade promotion authorities. The China Council for the Promotion of International Trade in Zhanjiang, Chi