Friday, October 30, 2020
Tags Chinese smart deposits

Tag: Chinese smart deposits

Chinese Regulators Crack Down on Use of Smart Deposits to Offer Covert High Interest

Chinese banks have commenced the withdrawal of their smart deposit offerings following efforts by financial regulators to crack down on use of...

Chinese Regulators Target Smart Deposits, Structured Deposits

Chinese banks plan to bring an end to the sale of "smart deposits" following pressure from regulators concerned about lenders competing for...

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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...