The sector emerged for a reason: small- and medium-sized enterprises desperately need alternative sources of funding.
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Iron ore price rises on optimism over China central bank support
China’s central bank said it would take monetary policy steps to help businesses hit by the covid-19 outbreak.
China’s “zero Covid” policy could have a greater economic impact than the Ukraine war
Alicia Garcia Herrero, Senior Fellow at Bruegel and chief economist for Asia-Pacific at Natixis, has recently published an article in the Asia Times where she argues that China’s “zero-Covid dynamics” …
China (Mainland) May Move To Limit Impact Of U.S. Financial Weapons
The internationalization of the RMB and its potential emergence as a major reserve currency are related but not equivalent. Click here to know …
China’s erratic policies are terrifying investors
O N MAY 3RD investors in Chinese stocks woke up to the news that Jack Ma, the co-founder of e-commerce giant Alibaba, had been arrested on national-security charges. Or so many of …
International Finance Forum 2022: Geopolitical Conflicts and Covid-19 Pandemic Blunt Efforts to Boost Global Economic Recovery
Colliding challenges have cast uncertainty over the global economy as the world continues to grapple with escalating geopolitical conflicts, rising inflation, and renewed coronavirus outbreaks, said …
COVID-hit Beijing returns to work after subdued Labour Day break
Beijing returned to work on Thursday after a five-day Labour Day holiday devoid of the usual trips across the country or lavish family dinners, as China’s capital tried to eradicate a COVID outbreak …
Industrial Bank extends 56% more loans to small businesses
The Industrial Bank Co Ltd issued more inclusive loans to micro and small businesses in 2021 to help them resolve financing difficulties amid the COVID-19 pandemic, the lender said. The bank extended …
Iron ore futures rise on optimism over China central bank support
On the Singapore Exchange, the most-active June contract SZZFM2 rose 1.6% to $145.15 a tonne by 0710 GMT. The People’s Bank of China on Wednesday vowed to “waste no time planning incremental policy …
China’s COVID controls makes EU firms consider shifting investments – chamber
European businesses in China are increasingly looking to shift their investments to other markets due to the country’s strict …
China’s economy is going backwards
China’s gigantic services sector just contracted … That includes Shanghai — the nation’s leading financial center and a major manufacturing and shipping hub. The city has been under …
DUP Millions in Beijing urged to work from home to fight Covid
But Feng Yinhao, a massage parlour employee in Chaoyang district, said Beijing was “still normal” compared to the country’s largest city, Shanghai. Authorities have been treading cautiously since an …
WRAPUP 1-Beijing returns to work after 5-day break on high alert for COVID
BEIJING/SHANGHAI, May 5 (Reuters) – Beijing returned to work on Thursday after a five-day Labour Day holiday with China’s capital on high COVID alert as it tries to eradicate an outbreak it has …