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[Blaka]

Banks outside China can help a lot in funding cultural and creative businesses. They have special money options just for these kinds of businesses, like loans and investments, to support their projects and ideas.

These banks also know how to manage risks and plan finances for cultural and creative industries. They understand that these businesses have ups and downs, and they can set up financial solutions that work with their unique ways of making money and the time it takes to finish projects. This knowledge helps these businesses stay financially stable and flexible.

These banks also make it easy for cultural and creative businesses in China to work with others around the world. They have services that make it simple to send money across borders, helping these businesses collaborate with international partners, be part of global events, and reach a bigger audience.

 

[IB DD]

In as much as it is possible for offshore banking providers to provide funding for cultural and creative industries, it is a dicey game that if not done properly can damage the reputation of the offshore banking provider.

China clamps down on contents not deemed appropriate. An offshore banking provider giving funding for content must ensure that the funds would not be used tor content that wouldn't sit well with the government for the funding provider to be viewed as sponsoring propaganda or negative ethical contents.