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China

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 long- and medium-term business cooperation agreement. The bank-insurance alliance will provide export buyer's credit and export credit insurance to help...

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…


China plans loans boost for SMEs

China plans to push forward the deregulation of its interest rates next year to boost lending to private companies, a…

#bank#Bank of China#interest rates


Macao to support development of SMEs

China's Macao Special Administrative Region (SAR) plans to take a series of measures to support the development of small and…

#banks#economy#smes


Experts propose comprehensive service system for Chinese SMEs

Chinese and Italian experts proposed setting up a comprehensive service system for China's small and medium-sized enterprises (SMEs). Statistics from…


East China promotes SME development.

Small and medium-sized enterprises (SMEs) with potential are facing problems with back-up services such as financing, personnel training, management consultancy…


Ruling to Ease Debt Disputes in China

Debt disputes are expected to become less of a "headache" for both domestic and foreign creditors in Beijing, as the…

#debt collection#insolvency#Paid


China Signals Freer Policy on Interest Rates

The Chinese Government is paving the way for a relaxation of currency trading rules as part of sweeping reforms to…


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