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1. Foreign Banks Ask For Tax Delay
(News/News December 2008)
...n banks have asked the Chinese government to delay a 10 per cent withholding tax on interest payments on loans.   China has announced that it will levy "a 10 per cent withholding ta...
Wednesday, 31 December 2008

2. China Trials RMB Foreign Trade Settlement
(News/News December 2008)
...rebates on selected hi-tech machinery and electronics products, and is set to enhance the low-interest loans to export-oriented companies, as it tries to kick-start its floundering export industrie...
Thursday, 25 December 2008

3. U.S. Plans WTO Legal Action Against China
(News/News December 2008)
...rators to beer and peanuts. "The subsidies include cash grant rewards for exporting, preferential loans for exporters, research and development funding and payments to lower the cost of export...
Monday, 22 December 2008

Bank of China Pledges RMB300m In Loans The Bank of China has pledged more than RMB300m in loans for 2009 to support projects included in the Chinese government's economic stimulus package. The fun
Sunday, 14 December 2008

... the British Financial Services Authority to set up an office in London. The branch will offer deposits, loans, trade finance, foreign-exchange and financial derivatives services. CCB says it has also...
Saturday, 13 December 2008

... to open four more hotel in Nanjing in the near future.   Bank of China Pledges RMB300m In Loans The Bank of China has pledged more than RMB300m in loans for 2009 to support projects ...
Friday, 12 December 2008

... Shanghai Baoshan Baolian, the city's first small-credit lender, opened its doors on Saturday issuing loans to small enterprises, state media reports. The first transactions include a RMB300,000 c...
Sunday, 23 November 2008

...i Shanghai Baoshan Baolian, the city's first small-credit lender, opened its doors on Saturday issuing loans to small enterprises, state media reports. The first transactions include a RMB300,000 cr...
Monday, 17 November 2008

9. Credit Suisse Opens China JV in December
(News/News November 2008)
...ital markets are "frozen" as equity and loan markets are weak. He also expects non-performing loans to increase across the country. But overall, Ge remains optimistic for the domestic mar...
Friday, 07 November 2008

...f 6 November, 10 lenders have agreed to offer favourable terms for business installations and equipment loans and for working capital loans. Under the new measures, each SME will be allowed to borr...
Wednesday, 05 November 2008

... contributed to this result. Operating revenue stood at RMB10.738 bn, up 44.58 per cent. Non-performing loans, however, grew by RMB473m to RMB8.965 bn as of 30 September.   FAW Boosts Own...
Sunday, 02 November 2008

... contributed to this result. Operating revenue stood at RMB10.738 bn, up 44.58 per cent. Non-performing loans, however, grew by RMB473m to RMB8.965 bn as of 30 September. Related stories: ...
Saturday, 01 November 2008

13. Hong Kong Feels The Financial Heat
(News/News October 2008)
The global credit crisis has reached Hong Kong, forcing domestic and foreign companies to cope with high costs, lower sales and tightened lending. Business closures are becoming more numerous. &nbs
Tuesday, 28 October 2008

...ment. It did not say how the remaining EUR330m will be spent. Figures show that Spain has "extended loans to China since 1985," totaling EUR3.1 bn.   China Becomes a Member Of ...
Saturday, 25 October 2008

... United States, state media reports. The bank is located in New York and will offer wholesale deposits, loans, trade financing, U.S. dollar clearing, treasury and other services. In 2008, ICBC post...
Sunday, 19 October 2008

...icial was quoted. Ma said China will encourage commercial banks and credit institutions to provide more loans to the cotton industry. Amid the falling prices for commodities, the price for cotton h...
Sunday, 19 October 2008

...e United States, state media reports. The bank is located in New York and will offer wholesale deposits, loans, trade financing, U.S. dollar clearing, treasury and other services. In 2008, ICBC posted...
Friday, 17 October 2008

...icial was quoted. Ma said China will encourage commercial banks and credit institutions to provide more loans to the cotton industry. Amid the falling prices for commodities, the price for cotton h...
Friday, 17 October 2008

19. China Subsidises Loans to Dairy Producers
(News/News September 2008)
The Chinese government said it will subsidise loans to domestic dairy producers to promote raw milk purchases, Reuters reports. Milk consumption has dropped sharply nationwide after 22 national dairy
Tuesday, 30 September 2008

20. Seven Chinese Banks With Lehman Exposure
(News/News September 2008)
Seven Chinese banks have bond holdings with collapsed investment bank Lehman Brothers, state media reports. The total holdings are USD721m, which is more than double the amount reported last week.
Thursday, 25 September 2008

21. Chinese Banks Exposed to Lehman Debt
(News/News September 2008)
Three Chinese commercial banks have disclosed their exposures, totalling USD297.4m, to Lehman Brothers, but five major Chinese insurers say they are not financially linked with the bankrupt investm
Friday, 19 September 2008

... in a recent government audit," Reuters reports. The National Audit Office discovered RMB9.1 bn in loans that CDB granted illegally. The government agency also said that the bank was to blame ...
Friday, 05 September 2008

23. Elpida Sets Up USD5 bn Suzhou Plant
(News/News August 2008)
...nt. The Suzhou Venture Group, and other unnamed investors, will finance the remainder with capital and loans. The total cost of the plant may reach USD5 bn, Elpida said in a statement. The fac...
Saturday, 09 August 2008

...ontribute RMB7 bn, Hong Kong will pay RMB6.8 bn and Macau RMB1.9 bn. The remainder will be financed by loans, Hong Kong Chief Executive Donald Tsang said after a meeting with Guangdong officials. ...
Wednesday, 06 August 2008

25. Weekly Statistics Update
(Statistics/ Statistics 2008)
... 2008, the State assets regulator said. - The Agricultural Development Bank of China (ADBC) offered loans of RMB49.8 bn for rural infrastructure in the first half of 2008, the bank in a stateme...
Sunday, 27 July 2008

26. Sinopec Shanghai Loses RMB600m in Q1
(News/News July 2008)
...t would require RMB9 bn, of which Sinopec Shanghai can finance RMB3 bn and would have to apply for bank loans for the remainder. The company said it has to cut jobs and spin off non-productive b...
Friday, 25 July 2008

...ney lenders is designed to assist small and medium-sized companies that find it difficult to obtain bank loans, the Shanghai Securities News reports. In 2007, revenues from unlicensed lending topped U...
Tuesday, 15 July 2008

...imbabwe. Hu also said China prefers direct investments in Africa over government aid and concessionary loans, as this "is the best way to aid the continent in creating wealth". ...
Saturday, 28 June 2008

...olice said that senior managers of the two companies have manipulated accounting records to secure bank loans of USD128m.  Online Shopping Hits RMB16.2 bn Online shoppers in China spent...
Sunday, 22 June 2008

...Police said that senior managers of the two companies have manipulated accounting records to secure bank loans of USD128m.   30 Per Cent Prefer Small Cars A recent survey by research g...
Monday, 16 June 2008

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