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China

Benfield brokers trade credit reinsurance treaty in China

Reinsurance intermediary Benfield Group plc said it placed a proportional programme for export and credit reinsurance in China that would likely cover more than US$5 billion worth of business. The programme is designed to support the China Export & Credit...

China Construction Bank to focus on overseas business

China Construction Bank, one of the country's big four State-owned commercial banks, said yesterday it would put an emphasis on…


Exim Bank lending totals 2003 announced

According to a state media report, President Yang Zilin of the Export-Import Bank of China (Exim Bank) announced a total…

#bank#Bank of China#Exim Bank


Central bank to keep rates stable; pledge of greater...

The central People's Bank of China's (PBOC) monetary policy committee has opted to maintain a prudent monetary policy stance in…


China Central Bank chief urges steady interest rate reform

The governor of the People's Bank of China, Zhou Xiaochuan, said interest rate ranges for loans should be expanded to…


Opportunities in China “unprecedented” for SMEs

Government support and rapid economic growth offer "unprecedented" scope for small- and medium- sized enterprises (SMEs) to develop in China,…

#exports#forum#GDP


SMEs starved of finance

After a report quoted the loan rejection rate for China’s small- to medium-sized enterprises (SMEs) as 56 per cent, Ou…

#bank#Boost#funding


Consumption surges, economy powers ahead

Despite growth numbers that would be phenomenal in a country like the United States or Japan, China's retail sales are…

#economy#exports#investment


Coface signs partnership agreement with Ping An, China's second-largest...

Coface Group, a world leader in export credit insurance and commercial risk management, has signed a partnership agreement with Ping…

#bank#guarantees#international


Legal and policy measures for new ventures discussed to...

At the beginning of this year the SME Promotion Regulation was put into effect to tackle the problem. Also, the…


Rise in CPI is good news for economy

A rebound in the consumer price index (CPI) in August has encouraged economic researchers to confidently predict that the Chinese…

#bank#Bank of China#banks


Economic growth expected to accelerate in 2004

China's economy is expected to grow by 8.3 per cent this year and perhaps another 8.5 per cent in 2004,…

#economy#Hi#investment

Sinosure joins with chemical engineering group in signing their...

China National Chemical Engineering (Group) Corp. (CNCEC) and China Export and Credit Insurance Corporation (SINOSURE) held a signing ceremony in…

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