SHANGHAI, Aug 17 (Reuters) - China will allow buyers of new cars to borrow up to 80 percent of the cost, the central bank said Tuesday in rules governing the nascent auto financing industry to curb risks amid a growing pool of sour car loans.
SHANGHAI, Aug 17 (Reuters) - China will allow buyers of new cars to borrow up to 80 percent of the cost, the central bank said Tuesday in rules governing the nascent auto financing industry to curb risks amid a growing pool of sour car loans.