On the basis of the observation of the real earnings rates and the debt repayment ability of China’s enterprises,considering the maintenance of the normal order of the borrowing and lending markets,this paper believe...On the basis of the observation of the real earnings rates and the debt repayment ability of China’s enterprises,considering the maintenance of the normal order of the borrowing and lending markets,this paper believes that a 20 percent level of interest rate or rate of return is a suitable cutoff point for the up limit,which is in line with China’s conditions.For this reason,we recommend that the primary interest rate of three times of the loan should be adopted to determine the up limit of annual rate of private borrowing and lending allowed by policy,this is relatively consistent with China’s current reality.展开更多
文摘On the basis of the observation of the real earnings rates and the debt repayment ability of China’s enterprises,considering the maintenance of the normal order of the borrowing and lending markets,this paper believes that a 20 percent level of interest rate or rate of return is a suitable cutoff point for the up limit,which is in line with China’s conditions.For this reason,we recommend that the primary interest rate of three times of the loan should be adopted to determine the up limit of annual rate of private borrowing and lending allowed by policy,this is relatively consistent with China’s current reality.
