Saturday, April 17, 2021
Tags Coronavirus

Tag: Coronavirus

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Most Read

Actually Used Foreign Investment in China Rises Nearly 40% in First Quarter, New Foreign Invested Enterprises up 47.8%

China has seen a surge in foreign investment in the first quarter of 2021 compared to the same period in 2020, with...

China’s Q1 GDP Surges 18.3% YoY, Two Year Average Growth Rate at 5.0%

Chinese GDP in the first quarter of 2021 has seen a surge compared to the same period last year, given the low...

MLF Rates Remain Unchanged for 13th Consecutive Month as Chinese Monetary Policy Stresses Stability

The Chinese central bank's open market operations (OMO) have kept the rate for medium-term instruments unchanged for over a year, with analysts...

PBOC Reiterates Commitment to Anti-trust Enforcement in Chinese Payments Sector, Development of Cross-border Payments

The Chinese central bank has stressed its commitment to enforcing anti-trust measures in China's payment sector, as well as efforts to improve...