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China

Regulatory body calls for SinoSure to play greater role...

Wu Dingfu, chairman of China Insurance Regulatory Commission has expressed his expectations that China Export & Credit Insurance Corporation (SinoSure) will play a greater role in boosting China's exports, and adapt to new situations to create a better performance. Mr....

Bank of China ranks 7th in world's export factoring

Sources from the Bank of China (BOC) said that, according to statistics published by Factors Chain International, BOC ranked seventh…

#bank#Bank of China#international


SARS lowers growth of industrial profits in May but...

The growth of profits of Chinese industrial enterprises in the first five months of the year was 12.9 percentage points…


China must nurture its entrepreneurs

By Stephen Green, head of the Asia programme at the Royal Institute of International Affairs in London The one thing…

#bank#interest rates#international


Bank Of China reports strong growth in factoring business

The Bank of China (BOC) reported a strong growth in factoring business in the first quarter of this year, with…


Latest analysis of the Chinese factoring market now available...

BCR has today added the latest analysis of the Chinese factoring market, from the soon to be published World Factoring…

#BCR Publishing#factoring industry#receivables


China Banking Sector Regulatory Commission (CBSRC) to be established...

A source at the China Banking Sector Regulatory Commission (CBSRC) revealed that the commission will declare its establishment this week.…

#bank#Bank of China#financial institution


China Construction Bank joins hands with China Export &...

China Construction Bank (CCB) and China Export & Credit Insurance Corp. (CECIC) have signed an overall cooperation agreement and a…


Hong Kong bank urges China to keep yuan stable

The yuan isn't undervalued and China should stick to its policy for a stable yuan, according to Bank of China…


Merger of credit cooperatives to create third commercial bank

Shanghai is planning to create a third city commercial bank by merging more than 230 rural credit cooperatives according to…


Sweeping bank reforms aimed at boosting economic growth

Jing Shuping, once branded a "reactionary capitalist" in the Cultural Revolution and banished to a farm, was instrumental in persuading…


State firms still dominate China's economy

A survey of China's top companies in 2002 has highlighted the extent to which the state sector still overwhelmingly dominates…

#economy

Chinese bank allowed to handle factoring business

The Industrial and Commercial Bank of China (ICBC) announced Tuesday that the central bank has officially ratified the ICBC to…

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