China's central bank hopes beefing up a central registration system will lead to an injection of working capital for SMEs. Here's why it could instead cost companies big.
The central bank is now making it easier for renminbi to be remitted, but conditions still apply. Treasurers in China are, however, holding fire until more information is available, CT understands.
Chinese lenders could undergo a liquidity crunch as the central bank incorporates wealth management products as part of its regular credit assessment, CICC warns.
By adopting a new supplier-financing programme, the Chinese wind power generator is giving its suppliers the flexibility to get paid up to 270 days earlier.
Wealth management products are rapidly gaining popularity among Chinese corporates who are otherwise hesitant to use spare cash on capex. But the runaway growth of WMPs is potentially dangerous for the Chinese ...