Tuesday, October 27, 2020
Tags Chinese coronavirus

Tag: Chinese coronavirus

Big State-owned Banks Cut Rates for Consumer Loans in Response to Coronavirus

China's big state-owned banks have been slashing rates for consumer loans since February in order to whet the appetite of customers still...

China’s Daily Face Mask Production Exceeds 100 Million Units, Non-woven Textiles Rise 5-Fold in Price

Production of face masks in China has surged as the Chinese government continues efforts to curb the spread of the novel coronavirus....

Only 61% of Beijing’s Large-scale Industrial Enterprises Resume Operation as Coronavirus Containment Continues

Just over 60% of Beijing's large-scale industrial enterprises have resumed operation as the impacts of the coronavirus outbreak continue.

Chinese Central Bank Says Property Will not Be Used for Short-term Economic Stimulus During Coronavirus Outbreak

The People's Bank of China (PBOC) says that policymakers will refrain from using the property market as a channel for short-term stimulus...

Shanghai Carrefour Faces 2M Yuan Fine After Hiking Fresh Vegetable Prices 692%

A Carrefour in Shanghai faces a hefty fine after pumping up the prices of vegetables amidst the ongoing coronavirus outbreak.

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Shenzhen the Stage for Further Chinese Depository Receipt Reforms as China Drives Capital Market Internationalisation

The southern tech hub of Shenzhen is set for further trials of Chinese Depository Receipts (CDR) as part of broader reforms to...

Chinese Central Bank Says No Competitive Relationship Between Digital Renminbi and Alipay or WeChat Pay

The head of the People's Bank of China's (PBOC) Digital Currency Research Institute has provided more details on the potential impact of...

Beijing Issues New Directive to Support Private Enterprise Growth Post COVID-19

The Chinese central government has just issued a new directive to support the development of private enterprises in China and help them...

Industrial IoT Financing the Next “Blue Ocean” for Chinese Fintech: Huang Qifan

The former mayor of Chongqing municipality Huang Qifan (黄奇帆) expects Industrial Internet of Things (IIoT) financing to be the next major area...