This will ultimately undermine the borrowing capacity of the migrant enterprise and hence the chance to secure a loan. In the event that the collateral offered by the migrant enterprise is not domiciled in the Mainland (e.g. in Macao), the situation will become more complicated.
I now want to turn to the formation of policy designed to achieve the FOMC’s objectives. 2  BIS central bankers’ speeches  Right now, the FOMC has two types of accommodation in place.