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Rules set for borrowers in free trade zone
- 2015-07-17
2015/7/15
From:Macau Business
Companies registered and operating in the Hengqin Island and Nansha portions of the Guangdong Free Zone are eligible for loans in renminbi from banks in Macau and Hong Kong, the People’s Bank of China has announced.
The central bank’s Guangzhou branch says such companies may invest the money they borrow outside China.
The terms of any such loans are up to the lender and the borrower, the central bank says.
Copyright@Macau Business