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Thursday, October 29, 2020
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S&P
Banking
Coronavirus Could Be Worse for Chinese Banks than SARS: S&P
CBNEditor
-
February 5, 2020
0
S&P Global Ratings says that the spread of the coronavirus could have a far greater impact on China's economy and its banking...
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Economy
Growth in Chinese Debt Is Unsustainable: S&P Economist
CBNEditor
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November 28, 2017
0
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...
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Economy
S&P Says “Real Possibility” of Credit Downgrade for China
CBNEditor
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June 22, 2017
0
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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Most Read
Anhui Province Undertakes Trial Scheme for SME Emergency Loans to Enteprises Affected by COVID-19 and Flooding
Banking
CBNEditor
-
October 29, 2020
0
The inland Chinese province of Anhui has announced the start of a trial scheme for the provision of emergency loans to local...
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ByteDance Establishes Artificial Intelligence Subsidiary in Fujian Province
Fintech
CBNEditor
-
October 29, 2020
0
ByteDance, the company behind social media giant TikTok, has just established a tech subsidiary in Fujian province whose business scope includes artificial...
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Alibaba Unveils Plan for Greater Digitisation of Cross-border Trade
Fintech
CBNEditor
-
October 29, 2020
0
Chinese e-commerce giant Alibaba has unveiled an ambitious new plans to support the use of e-commerce by small businesses.
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Lending to Private Enterprise Increases 5.4 Trillion Yuan During Jan – Sep Period: CBIRC
Banking
CBNEditor
-
October 29, 2020
0
The latest data from the China Banking and Insurance Regulatory Commission (CBIRC) points to a sizeable increase in lending to private enterprises...
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