Friday, November 27, 2020
Tags Bank loans

Tag: Bank loans

New Renminbi Lending Approaches 3 Trillion Yuan in January

The latest official data indicates that new RMB loans hit an unprecedented high in January despite the Chinese government's ongoing deleveraging campaign, while the...

Corporate Bank Loans Surge as Bond Issuance and Private Placements Plunge

China's listed companies have made increasing use of conventional bank loans to fund their operations this year as levels of equity financing and bond...

Chinese Home Buyers Need to Wait At Least Three Months for Bank Loans

In addition to rising interest rates, an increase in the time required for Chinese home buyers to secure loans from banks promises to put...

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Bank of Chengdu Launches New “Cloud Converted” Data Centre, Provides AI Customer Service in Sichuanese Dialect

Sichuanese province lender Bank of Chengdu has announced the launch of a new "cloud converted" data centre."

Bank of Communications Completes First Offshore Issuance of Perpetual Bond by a Chinese Bank

Big state-owned lender Bank of Communications (BOCOM) has become the first Chinese bank to issue perpetual bonds offshore.

Liu He Sheds Light on China’s Dual Circulation Development Strategy

One of China's senior-most economic policymakers has written an essay for the People's Daily that sheds light on the goals and priorities...

International Forecasters Upbeat on Chinese GDP Growth in 2020, 2021

Leading international forecasters anticipate comparatively robust growth for the Chinese economy in 2020 amidst the impacts of the COVID-19 pandemic.