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China

Chinese city of Wuxi gets its first commercial factoring...

Jiangsu Industrial Business Factoring attains business license to operate in city of over six million (more…)

#GDP#management#smes

Ping An Bank to launch new factoring cloud platform

Shenzhen commercial lender intending to provide an abundance of features on new system (more…)

#bank#cloud#management


China Export-Import Bank in Chongqing founds factoring company

Commercial factor will operate with the bank's capital resources (more…)

#bank


Volkswagen Financial Services sells first ever Chinese car loan...

First ever securities backed against Chinese automobile-loan receivables to receive international credit ratings (more…)

#financial services#international#receivables


China Minsheng Bank agree RMB1billion financing agreement with solar...

Multi-service facility will fund the development of solar PV installations in Zheijiang Province (more…)

#bank#financial services#guarantee


Tianjin conference shows city’s importance to Chinese factoring

A quarter of Chinese factoring companies are settled in the Binhai New Area (more…)

#conference#credit risk#financial services


Peer-to-peer platform launched in Shanghai

Financial leasing and factoring company starts offering P2P solution in the city's Free Trade Zone (more…)

#bank#financial services#platforms


Cross-border deal makes ‘free use of renminbi invoices’

Commercial factoring company completes RMB cross-border transaction in Shanghai Free Trade Area (more…)

#bank#Bank of China#investment


New Hope Commercial Factoring emerges from trade zone agreement

Chinese agribusiness giant launches factoring company for farming industry (more…)

#bank#Bank of China#financial services


Construction industry at heart of China’s burgeoning debt problems

Thomson Reuters late payment survey shows average company receivables have doubled in four years (more…)

#economy#late payment#Paid


The ‘Tao’ of cooperation between factoring companies in China

With the introduction of non-bank factoring companies in China the factoring market is set to explode, hopefully in a good…

#bank#International Trade#invoice


Billions of yuan to be invested in SCF

Coal supply chain service provider plans huge investment in its SCF platform (more…)

#funding#investment#investments

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