WEF article critiques Chinese funding assessments

The article focused on criticizing international assessments that describe the financing provided by Chinese commercial banks as "below market level," explaining that these accusations rely on inappropriate benchmark standards that do not accurately reflect the realities of China's financial system. The study points out that using unsuitable market-based benchmarks leads to false conclusions that the financing is offered as a form of subsidy, while in fact, Chinese banks are achieving high profits and applying interest rates that align with the borrower's characteristics and risk levels. This indicates that the financing is neither preferential nor systematically supported by policies. Therefore, adopting more appropriate and realistic benchmark standards is essential to improve the accuracy of evaluating financial support in China.

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