Firms that depend on external funds, such as bank loans or equity sales, are particularly vulnerable.

依靠外部资金的公司比如银行贷款或者股权出售显得尤其的脆弱。

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The reasons are that their strength is weak and credit degree is low, social financial environment is not good such as bank loans, financial intermediaries, etc.

企业实力薄弱，信用等级低；银行贷款、金融中介机构等社会金融环境不好；

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Although many of these loans are on the books of large Banks such as Citigroup and bank of America, the latest program will also help many of the regional Banks that are now carrying troubled loans.

尽管像花旗和美洲银行这样的大银行持有多数这类贷款，但新计划也将帮助许多地区性银行，他们目前也持有不良贷款。

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Firms that depend on external funds, such as bank loans or equity sales, are particularly vulnerable.

ECONOMIST: Can higher productivity fill the gap?

Or an indication that policy had tilted the playing field toward inefficient SOEs that thrive on subsidized inputs, such as bank loans and state land?

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The country's exuberant growth has created dislocations, such as questionable bank loans, unfunded social welfare obligations, a degraded environment and rampant corruption.

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