Monday, April 12, 2021
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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Paypal Founder Peter Thiel Worries Bitcoin Could Be Financial Weapon for China Despite Domestic Ban

One of America's leading tech entrepreneurs believes that China could use the Bitcoin cryptocurrency as a "financial weapon" against the US should...

Chinese Central Bank Reportedly Orders Lenders to Keep 2021 Credit Growth on Par with Last Year

The People's Bank of China (PBOC) has reportedly issued an order for leading banking sector financial institutions to scale back credit growth...

Alibaba Hit with $2.78B Anti-Trust Penalty by China’s Market Regulator

Jack Ma's Alibaba has been slapped with a massive fine by China's market regulator following the launch of an anti-trust investigation into...

Digital Renminbi Makes Its Debut on Renmin University Campus

Ongoing trials of China's Digital Renminbi have brought the central bank digital currency to one of the country's most prestigious tertiary institutions....