Saturday, October 31, 2020
Tags Chinese bailout funds

Tag: Chinese bailout funds

China Commits over 500B Yuan in Bailout Funds for Private Enterprise

A report from Securities Daily estimates that China's local governments, brokerages and insurers have established or are planning to establish specialist bailout funds worth...

China Deploys over 300 Billion Yuan in Bailout Funds for Private Enterprise

Chinese authorities are unleashing a huge amount of cash as part of efforts to support financing for private enterprise. Calculations by the state-owned Economic Information...

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Anhui Province Undertakes Trial Scheme for SME Emergency Loans to Enteprises Affected by COVID-19 and Flooding

The inland Chinese province of Anhui has announced the start of a trial scheme for the provision of emergency loans to local...

ByteDance Establishes Artificial Intelligence Subsidiary in Fujian Province

ByteDance, the company behind social media giant TikTok, has just established a tech subsidiary in Fujian province whose business scope includes artificial...

Alibaba Unveils Plan for Greater Digitisation of Cross-border Trade

Chinese e-commerce giant Alibaba has unveiled an ambitious new plans to support the use of e-commerce by small businesses.

Lending to Private Enterprise Increases 5.4 Trillion Yuan During Jan – Sep Period: CBIRC

The latest data from the China Banking and Insurance Regulatory Commission (CBIRC) points to a sizeable increase in lending to private enterprises...