YRD

English

Proper noun

YRD

  1. Initialism of Yangtze River Delta.; A region eastern China, bordering the East China Sea; An area on the east coast of China, containing Shanghai, Nanjing (Nanking), Suzhou (Soochow), Hangzhou (Hangchow).
    • 2014 April 27, Wildau, Gabriel; Koh Gui Qing; Shanghai Newsroom, “In wealthy Chinese city, debt guarantees spark default contagion”, in John Mair, editor, Reuters, archived from the original on 2023-04-22, Business News:
      Hangzhou is part of the Yangtze River Delta (YRD), an engine of growth during China’s boom years but now the source of a third of non-performing loans in the country. []
      Steel and textile manufacturers in Xiaoshan, like other private firms around the YRD, sought to overcome such obstacles by providing loan guarantees for each other to gain bank credit.

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