Source: Tech – South China Morning PostChina is rolling out a lending facility at extremely favourable interest rates to support businesses engaged in low-carbon emission projects and renewable energy ventures, the latest move to undergird its long-term net-zero targets.The People’s Bank of China said it will provide a one-year facility for commercial banks at 1.75 per cent to subsidise their lending to green initiatives, it said in a statement on its website late on Monday. China’s one-year loan prime rate (LPR) stands at 3.85 per…Read More