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Chinese coronavirus
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Chinese coronavirus
Banking
Big State-owned Banks Cut Rates for Consumer Loans in Response to Coronavirus
CBNEditor
-
March 16, 2020
0
China's big state-owned banks have been slashing rates for consumer loans since February in order to whet the appetite of customers still...
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Economy
China’s Daily Face Mask Production Exceeds 100 Million Units, Non-woven Textiles Rise 5-Fold in Price
CBNEditor
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March 3, 2020
0
Production of face masks in China has surged as the Chinese government continues efforts to curb the spread of the novel coronavirus....
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Economy
Only 61% of Beijing’s Large-scale Industrial Enterprises Resume Operation as Coronavirus Containment Continues
CBNEditor
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February 21, 2020
0
Just over 60% of Beijing's large-scale industrial enterprises have resumed operation as the impacts of the coronavirus outbreak continue.
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Economy
Chinese Central Bank Says Property Will not Be Used for Short-term Economic Stimulus During Coronavirus Outbreak
CBNEditor
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February 20, 2020
0
The People's Bank of China (PBOC) says that policymakers will refrain from using the property market as a channel for short-term stimulus...
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Economy
Shanghai Carrefour Faces 2M Yuan Fine After Hiking Fresh Vegetable Prices 692%
CBNEditor
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January 31, 2020
0
A Carrefour in Shanghai faces a hefty fine after pumping up the prices of vegetables amidst the ongoing coronavirus outbreak.
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Most Read
China’s Biggest Bank Opens up to Applications for Digital Renminbi Wallets in Shenzhen
Banking
CBNEditor
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January 15, 2021
0
The Industrial and Commercial Bank of China (ICBC) is making digital renminbi wallets available to consumers in the southern tech hub of...
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Chinese Central Bank Outlines Efforts to Improve Execution of Monetary Policy
Banking
CBNEditor
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January 15, 2021
0
A senior official from the People's Bank of China (PBOC) has published a paper on its official website outlining current plans to...
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Foreign Investors Raise Holdings on China’s Interbank Bond Market by over 1 Trillion Yuan in 2020
Banking
CBNEditor
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January 15, 2021
0
The latest data from the Chinese central bank points to a sharp rise in investment by foreign institutional investors on China's interbank...
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Shenzhen Finance Sector Sees Total Deposits Exceed 10 Trillion Yuan
Banking
CBNEditor
-
January 14, 2021
0
Financial institutions based in Shenzhen have just seen their deposit levels rise to record-breaking levels.
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