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China

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 handle factoring business for qualified domestic industrial and commercial enterprises. An ICBC spokesman said this was the first time that...

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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