China

HSBC launches centralised RMB cross-border transaction management in Shanghai Free Trade Zone

Factoring business continues to show explosive growth, Bank of China Professional Committee on Bank Factoring says

As we enter the Chinese New Year of the Horse, the U.S. Fed’s decision to begin tapering in early 2014 has put a damper on the festive mood. An official from China’s Ministry of Commerce has commented that China could face a difficult outlook for foreign trade in the New Year. How would such tapering affect trade and trade finance? Andrew Sheng, President of the Fung Global Institute shares his opinion with trfnews…

Coface international credit insurer forecasts the potential negative impacts on the real economy of China as a result of the Government’s reform effort and credit risks associated with the rising cost...

Kunshan city in the Jiangsu Province of China, has been approved as the next factoring pilot zone in China...

Controlling local government debt becomes one of the top tasks of the central administration.

espite the best efforts of the Chinese government to support SMEs and find a solution for the financing difficulties this sector has suffered for many years, the problem seems to be getting worse rather than better.

Following the CBRC’s release of draft regulations on factoring Jeroen comments on the decentralisation of the Chinese market and what should be done to redress this position.

China’s e-commerce giant expects its new online finance platform to compete with Alibaba Finance.

The China Banking Regulatory Commission has released a draft of regulations that would tighten the monitoring of factoring by the nation's banks in a bid to limit rising risk.