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China Merchants Bank released their first quarter reports today, announcing a 38.82 percent rise to US$2.71bn in the trade finance sector. (more…)
#bank#trade
The tense financial situation is leading to a worrying increase in late payments. Here, Coface gives a summary of their…
#bank#credit risk#management
Coface, the world's number three credit insurer, owned by French bank Natixis, announced it has begun offering export factoring services in China.…
Terms of payment between companies in China are continuing to be extended. (more…)
Although many foreign banks have made lending to SMEs a centerpiece of their business strategy in China, companies still struggle…
#bank#guarantees#management
Xavier Farcot, deputy regional MD of Coface, Greater China, spoke to a joint ECCT AmCham Greater China Business Committee on…
China has cut foreign banks' medium and long-term foreign debt quotas to fund real estate and energy- intensive projects this…
Keen to tap into another source of revenue and profit amid a tight monetary policy, banks in Shanghai are wooing…
Bank of Shanghai expects to expand its loans to small- and medium-sized enterprises (SMEs) 67% year-on-year in 2008, said He…
#bank#smes
The country's SMEs will be guaranteed financial support despite the government's tightened monetary policy this year. (more…)
Overseas banks are scenting new profits by launching new services aimed at SMEs with cross-border business. (more…)
#bank#international#International Trade
Nearly 90 per cent of Chinese domestic experts and market practitioners believe that the country will see a drop in…
China started a temporary quota policy on the export of wheat, corn and rice powder on Tuesday. (more…)