China

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.

The Bank of Beijing and Quick Money build "the network chain”.

Shanghai Maritime University (SMU) has announced that it has established a Free Trade Zone (FTZ) Supply Chain Research Centre.

Establishing the draft trading platform is expected to give a boost to the draft market.

A tribunal has been established for the China (Shanghai) Pilot Free Trade Zone to provide judicial services to investors in the zone.

China's banking sector should adopt differentiated financial policies for different industries so as to restrict lending to high energy-consuming and polluting sectors, and to those with overcapacity, while supporting environmentally friendly sectors, according to China Banking Regulatory Commission (CBRC) Chairman Shang Fulin at a recent meeting.

The number of factors in China could reach 200 by the end of this year, according to experts.

The International Finance Corporation (IFC) has made new investments with an aggregate exposure of up to 186 million yuan (US$30 million) in Fullerton Credit to expand much-needed microfinance lending for small and medium enterprises in China's less-developed western and central provinces.

Suning Business Factoring gains regulator approval to start operations.

Shanghai Free Trade Zone opens new reforms including possibilities for factoring and credit information companies.