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China

BoAML and China UnionPay launch cash management suit

BoA Merrill Lynch and China UnionPay launch cash management alliance. (more…)

Nation's first single short-term export credit insurance launched

PICC issues first single short-term export credit insurance. (more…)

#export credit insurance#insurance


Binhai New Area to become factoring capital

The third factoring pilot is launched in Binhai New Area. (more…)

#bank#international#international factoring


Suning Tesco launches SCF programme

Suning Tesco offers suppliers two types of loans. (more…)

#Two


Chinese government plans to liberalise factoring

Factoring pilots will be extended to economically advanced provinces and cities. (more…)


Shadow banking industry thrives

Chinese shadow banking industry provides almost half of all new credits, FT reports. Chinese shadow banking industry accounts for almost…


E-commerce businesses to strengthen their financial market presence

Three e-commerce giants Suning ,Alibaba and 360buy are all preparing for competition in 2012 in the financial sector. (more…)


PICC to challenge monopoly on short-term export credit insurance

PICC Property Casualty Co. is set to challenge the China Export Credit Insurance Corp. s (Sinosure) monopoly in the short-term…

#credit risk#export credit insurance#insurance


ICBC launches e-supply chain finance platform

ICBC presents first report on its electronic supply chain finance programme. (more…)


GE Factoring registers in China

GE Universal Financial group has opened a factoring company in the Tianjin Binhai New Area. (more…)


The Receivables Finance Market in China, by China Minsheng...

   As export factoring continues to thrive in the Asia Pacific region, China Minsheng Banking Corporation Ltd, provide Factorscan with their…

#bank#International Trade#management


Eight factors opened in Pudong

Eight new factors have received licences for operations in Shanghai's Pudong New Area. (more…)

Banking Association expects significant factoring growth to be reported...

China s factoring market is reported to reach extraordinary growth for the three quarters of the current year. (more…)

#bank#exports#international

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