By Zhao Qian Financial leasing companies and automotive finance companies have been allowed to issue bonds. Analysts predicted yesterday that this will give a further boost to domestic consumption. Financial leasing companies and automotive finance companies that have a minimum of 500 million yu...
The European Union (EU), which had seemed to be a lucrative as well as a burgeoning market for textile and apparel manufacturers in the country will not be the same again. This is because the EU is considering the imposition of tougher laws on chemicals and their safe use, many of which are used in apparel printing and design.
China will provide more favorable policies and financial support to encourage the development of small and medium-sized enterprises, said Chinese Premier Wen Jiabao at a regular meeting of the State Council. The government will further improve its policy and law system in a bid to create a more open and...
Alibaba.com, the world's largest B2B e-commerce company, today announced that it had surpassed the 1 million (10 lakhs) member milestone in India.
The Chinese government has set aside RMB 33 billion to support the domestic trade sector, and has established a special fund to help the development of small and medium-sized trade enterprises, according to a work conference on the business credit held by the Ministry of Commerce (MOC)....
HONG KONG, April 22 - U.S. investment firm Yorkville Advisors opened an Asia-Pacific hub...
Bank of Communications (BoComm)<601328><3328>, the fifth largest bank in China by assets, wants to grow its loans to small and medium enterprises (SMEs) at a rate faster than its average loan growth in 2009, since the Shanghai-based lender seeks higher margins, the Shanghai Daily reported on Thursday....
The Postal Savings Bank of China, which is the country's fifth-largest lender and which specializes in lending to rural clients, has extended RMB 70 billion (US$10.2 billion) in loans to small and medium-sized enterprises (SMEs) since last June, said Tao Liming, governor of the bank, on Sunday, the Shanghai Daily...
The Beijing branch of China Construction Bank Corp (CCB)<601939><939>, one of the country's Big Four state-owned commercial banks, on May 26 signed agreements to lend a total of RMB 4 million to 30 small and medium-sized firms (SMEs) in Beijing, the official Xinhua News reported....
Hang Seng Bank<0011>, 62% held by HSBC Holdings Plc<0005><HBC>, said that its lending to small and medium-sized enterprises (SMEs) during the first quarter of this year increased approximately 6% compared with that of the fourth quarter of 2008, the Standard reported....