Sunday, January 24, 2021
Tags Chinese supply chain financing

Tag: Chinese supply chain financing

China Steps up Scrutiny of Supply Chain Financing

The Chinese central government has issued a new directive stepping up regulatory scrutiny of supply chain financing, due to concerns over abusive...

Suning Finance Teams up with XWBank to Provide Digital Supply Chain Financing to Small Business

The finance vehicle of Chinese retail giant Suning has entered an agreement with a leading digital bank in China to provide digital...

China Everbright Bank Launches Supply Chain Finance Product Using Ant Financial’s Blockchain Platform

China Everbright Bank is making use of Ant Financial's blockchain platform to expedite supply chain financing for companies in central China.

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Users of Everbright’s Cloud-Driven Utilities Payment Platform Exceeded Half a Billion in 2020

China Everbright Bank has seen users of its cloud-based utilities payments service surge in 2020, as the COVID-19 pandemic drove sharp gains...

China Unlikely to See Real Estate Loan Rates Decline in 2021 as LPR Holds Steady for Ninth Month Straight

Domestic analysts say that Chinese banks are unlikely to significantly reduce rates for real estate loans in 2021, as regulators continue to...

Chinese Central Bank Unveils Anti-Trust Measures Permitting Break up of Third-Party Payments Platforms

The People's Bank of China (PBOC) will have the power to recommend the dismantling of third party payments platforms under new measures...

Pinduoduo Owner Applies for Payments Trademark

A major shareholder in NASDAQ-listed agricommerce platform Pinduoduo has applied with Chinese authorities to register a Pinduoduo-related payments trademark.