Friday, October 30, 2020
Tags Chinese bank run

Tag: Chinese bank run

Chinese Central Bank Pins Failings of Small Regional Lenders on Lack of Communist Party Influence

A senior official from the People's Bank of China (PBOC) has pointed the finger of reproach at poor corporate governance and lack...

Two Women Arrested in Hengshui for Triggering Bank Run Panic via Online Rumours

Police in Hebei province have arrested two people over the spread of online rumours that threatened to trigger a local bank run

China to Step up Liquidity Management for Smaller Lenders Following Two Bank Runs in Two Weeks

China's banking regulator has flagged tighter liquidity management for smaller banks after a second regional lender succumbed to a bank run within...

Baoshang Bank Takeover Helped Forestall Bank Run: Renmin University’s Dong Ximiao

One of China's leading financial scholars has weighed in on the recent decision by Chinese regulators to take over the problem-fraught Baoshang...

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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...