Friday, October 30, 2020
Tags Wang Zhaoxing

Tag: Wang Zhaoxing

“Empty Financing” by Lenders Is Being Effectively Contained: China’s Banking Regulator

Wang Zhaoxing (王兆星), vice-chair of the China Banking and Insurance Regulatory Commission (CBIRC), believes that regulators have achieved some initial success in containing "empty...

Stop Major Shareholders from Controlling Banks: China Banking Regulator

The deputy head of the China Banking Regulatory Commission says that financial regulators will prevent major shareholders and "insiders" from exercising control of banks. In...

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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...