Special bank credits totalling 10 billion yuan (US$1.2 bn) will be granted to small- and medium-sized enterprises (SMEs) in East China's Zhejiang Province for expansion, according to the SME Bureau of the province.
Jiangsu Qionghua, one of the first group of companies listed on China's newly-established board for small- and medium-sized enterprises (SMEs) of the Shenzhen Stock Exchange, was berated on Sunday for dishonesty in the disclosure of financial info
China attracted 12 per cent more foreign direct investment (FDI) in the first six months 2004 as companies sought to tap booming demand in the world's fastest-growing major economy, the Ministry of Commerce said.
China's placid venture capital (VC) sector will return to the limelight this year driven by improved sentiments with the launch of a new board for start-ups and strong influxes of foreign funding, a leading mainland VC research company forecast.
Moody's has assigned an "A2" rating to the proposed 10-year US dollar notes issued by the Export-Import Bank of China (China EXIM), one of the country's three policy banks. The rating outlook is stable, Moody's said in a statement.
One result of China's macroeconomic adjustments is working capital loans are being squeezed slightly more than investment loans, the head of the central bank said this week.
China’s Export-Credit Insurance Corporation (EXIC) will provide US$29m in credit insurance, which will cover the financing of a soda plant in Uzbekistan. CITIC Pacific, one of China’s biggest investment companies, will construct the plant.
The Chinese government's measures to cool the economy have further restricted the already limited financing channels for small- and medium-sized enterprises (SMEs), forcing them to seek loans from non-banking sources at rates as high as 45%, accor
China will gradually relax listing requirements for small and medium-sized enterprises on the new Shenzhen second board to provide more opportunities for companies to raise capital, said Xie Geng, a director with the China Securities Regulatory Co
The Export-Import Bank of China (China Exim Bank) established a branch in Qingdao in East China's Shandong Province on Friday. It is the bank's seventh branch.
