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What is the main downscaling program going on in China today?

April 26, 2017China downscaling going main program today

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What is the main downscaling program going on in China today?

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Cooperation between the World Bank and the China Development Bank (CDB) was designed to offer technical assistance to 19 carefully-selected city commercial banks in China. To expedite this, the project accessed USD100 million from the World Bank, in addition to related technical staff 2005. These loans are tending to span across from microfinance to higher values more targeted to the small company market, with a likely range being RMB100 to RMB500,000. This work, undertaken by consultants at the Internationale Projekt Consult GmbH, was halted in July 2008 as CDB elected to review the priorities of the work.