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Octet, Shanghai based, independent factoring company, looks to cooperate with financial institutions to offer its Trading Card solution. (more…)
#Accelerated Payments#international#Octet
Industrial and Commercial Bank of China announces purchase of domestic factoring business from Laiwu Iron and Steel Group Company Ltd.…
Small and micro enterprises in China may receive more financial support as the central government takes measures to solve their…
Chinese companies will face growing risks involving short-term export trade credit in the first quarter of 2012, according to the…
#AI#bank#exporters
Central Bank s Credit Information Center posts a 34 per cent year on year growth in the number of receivables…
The underground credit market accounts to 7 percent of total lending, as the situation with SME lending deteriorated in the…
#bank#DEC#small businesses
Bank of China , Wuhan Branch reports CNY 40 billion turnover of its automotive supply chain finance programme in 2011…
#bank#Bank of China#receivables
The Shandong provincial government procurement credit guarantee pilot programme has commenced operations. (more…)
China Merchants Bank (CMB) and CITIC Bank plan to raise 20 billion yuan and 30 billion yuan respectively through the…
The city of Shanghai is to launch new initiatives and expand existing schemes to help its 337,000 SMEs, according to…
#bonds#economy#smes
The Chinese government has created preferential procurement policies for SMEs to boost their development, according to a recent government statement.…
#banks#exports#Jobs
The China Export Credit Insurance Corp (Sinosure), the only export and credit insurer in China, has experienced a rapid increase…
#bad debts#management#risk
Industrial and Commercial Bank of China (ICBS) to commence domestic factoring. (more…)