As part of public sector bodies working every day to help borrowers and make the system less risky, we know that this requires continued diligence and determination, regardless of what type of lender holds the loan. The Central Bank / Single Supervisory Mechanism22 (SSM) do not have a preference for loan sales. We have a preference for sustainably reducing non-performing loans.
The resulting conspicuous demand for this specific foreign currency in the market would become a factor influencing the RMB exchange rate. As such, in determining the currency weights in the basket, we also take into consideration of the currency structure of China’s foreign debt.