Wednesday, October 28, 2020
Tags Chinese small businesses

Tag: Chinese small businesses

Zhang Xiaohui Calls for Acceleration of Bank Equity Investment Trials to Drive Financial Inclusion

A leading Chinese financial expert has pointed to equity investment by commercial banks as an effective means of resolving the financing difficulties...

Chinese Banks Defer 1.3 Trillion Yuan in Repayments for Small Business Loans Following COVID-19 Outbreak

The Chinese banking sector has provided mass deferrals on repayments for loans made to Chinese small businesses that have been hard hit...

China’s Banking Regulator Calls for Comprehensive Reduction to Financing Costs for Micro Enterprises During Coronavirus Outbreak

The China Banking and Insurance Regulatory Commission (CBIRC) has called for the Chinese financial sector to reduce the cost of funds for...

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Further Opening of Financial Sector Is Inevitable: Chinese Central Bank Chief

Yi Gang (易纲), the governor of the People's Bank of China (PBOC), has highlighted the external opening of the Chinese financial sector...

Zhou Xiaochuan Denies that Belt and Road Is Debt-trap Diplomacy

The former governor of the Chinese central bank has addressed accusations that China's much vaunted Belt and Road Initiative perpetrates a form...

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...