Small Chinese Firms Struggle to Tap Banks.

The article reports on the difficulty experienced by small Chinese companies in getting bank loans. The central bank in China stated that of the 591.8 billion yuan lent by China's banks in April 2009, majority went to nonfinancial and other types of companies. According to the article, banks usually ask collateral from small businesses but they would not accept farmland or factories, which businessmen can readily offer.