Monday, January 25, 2021
Tags Coronavirus

Tag: Coronavirus

Banking

China’s Banking Sector Provides over 2 Trillion Yuan in Lending Support to Fight against COVID-19

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Chinese banks have provided over 2 trillion yuan (approx. USD$282.97 billion) in lending support to efforts to contain the impacts of the...
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Banking

Anti-coronavirus Lending from Chinese Banks Exceeded 1.07 Trillion Yuan at End of February

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Lending from Chinese banks to support efforts to contain the novel coronavirus outbreak breached one trillion yuan at the end of February....
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Economy

Alipay Says 39% of Small Vendors Have Seen Trading Levels Return to Normal since Coronavirus Outbreak

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Chinese payments giant Alipay estimates that over a third of small vendors that have resumed trading since the outbreak of the coronavirus...
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Economy

China’s Financial Authorities Arrange for over 100B Yuan in Anti-coronavirus Funds

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China's financial authorities at all levels have made arrangements for the allocation of over 100 billion yuan for efforts to combat the...
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Economy

Sinopharm Working on Coronavirus Vaccine, Officials Say Product Could Hit Market in Several Months

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Chinese pharmaceutical giant Sinopharm Group Co., Ltd. says it's working on the development of a vaccine for the novel coronavirus, with domestic...
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Banking

Beijing Unveils Measures to Boost Financial Support During Fight against Novel Coronavirus

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The Chinese central government's top financial authorities have jointly released a raft of measures to boost financial support during efforts to combat...
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Banking

China Development Bank Allocates 2 Billion Yuan in Emergency Loans to Wuhan for Combating Coronavirus

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One of China's three policy banks has made an emergency allocation of funds to support efforts to combat the spread of the...
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Economy

China’s Securities Regulator Calls for Investors to “Rationally and Objectively” Assess Coronavirus Impacts

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China's top securities regulator is taking measures to curb the impact of the coronavirus outbreak on the domestic stock market.
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Banking

China’s Banking Regulator Commits to Maintenance of Financial Services During Coronavirus Outbreak

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China's top banking regulator has committed to the effective maintenance of financial services during efforts by authorities to combat the spread of...
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Most Read

Tencent Drops Advertising Veteran Lau Seng Yee from Roster of Top Executives

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Chinese tech giant Tencent has removed a veteran advertising executive from the line-up of its senior-most personnel, as online companies in China...
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Ant Group and Others Engage in Monopoly Conduct, But “Regulatory Discussions” Will Not Affect Normal Development: CBIRC

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The Chinese banking regulator has sought to reassure the broader market that China's business environment for private enterprises will not be adversely...
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Chinese Banks See Net Profits Decline 1.8% in 2020

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China's banking sector saw a sizeable decline in its net profits for 2020 amidst the adverse economic impacts of the COVID-19 pandemic....
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Tencent Expects Cloud Computing to Be Essential Infrastructure for Finance, Domestic Market to Soon Hit 80B Yuan

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A senior executive from Chinese tech giant Tencent forecasts that cloud computing will be a key area of development for China's fintech...
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