Whether the loans between affiliated enterprises are legal and valid.

Loans between affiliated enterprises are legal and valid.

"Provisions of the Supreme People's Court on Several Issues Concerning the Application of Law in the Trial of Private Lending Cases" Article 11 The people's court shall support private lending contracts concluded between legal persons and other organizations due to the needs of production and operation, except in the circumstances stipulated in Article 52 of the Contract Law and Article 14 of these Provisions, if the parties claim that the private lending contracts are valid.