Thursday, October 29, 2020
Tags S&P

Tag: S&P

Coronavirus Could Be Worse for Chinese Banks than SARS: S&P

S&P Global Ratings says that the spread of the coronavirus could have a far greater impact on China's economy and its banking...

Growth in Chinese Debt Is Unsustainable: S&P Economist

Standard & Poor's chief Asia Pacific economist says that China's current levels of debt expansion are too high, and need to be dialled down...

S&P Says “Real Possibility” of Credit Downgrade for China

S&P Global has flagged a potential downgrade of China's sovereign credit rating just a month after Moody's dialled down its own reading for the...

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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...