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Tag: loans

China, Germany financial cooperation yields fruitful results

wangxiao04/15/20240

BEIJING, April 11 (Xinhua) — China and Germany financial cooperation has achieved fruitful results in the past 40 years, officials said Thursday at the China-Germany Dialogue Forum on Financial Coope

China Development Bank doubles loan support for farmland work

wangxiao04/05/20240

BEIJING, April 4 (Xinhua) — The China Development Bank (CDB), a major policy bank in the country, has enhanced financial support for farmland development and protection, as well as land productivity

China Development Bank ups support for urban village renovation

wangxiao03/11/20240

BEIJING, March 10 (Xinhua) — The China Development Bank (CDB), a major policy bank in the country, has stepped up loan support for urban village renovation projects nationwide.
As of Thursday, the ba

China implements biggest LPR cut on record

wangxiao02/20/20240

This file photo shows a worker counting Chinese currency at a bank in Lianyungang, East China\’s Jiangsu province. [Photo/Xinhua]
China implemented the biggest cut on record to a mortgage rate benchmar

China\’s inclusive finance sector maintains rapid loan growth

wangxiao02/16/20240

BEIJING, Feb. 16 (Xinhua) — China\’s inclusive finance sector maintained rapid loan expansion in 2023 as the country stepped up credit support for the real economy, a central bank report showed.
China

China\’s rural policy bank issues loans totaling 2.78 tln yuan in 2023

wangxiao02/14/20240

BEIJING, Feb. 12 (Xinhua) — The Agricultural Development Bank of China, the country\’s rural policy bank, has said that it issued loans totaling approximately 2.78 trillion yuan (about 391.35 billion

Experts: RRR cut plan to bolster biz vitality

wangxiao01/25/20240

China\’s stronger-than-expected plan to cut the reserve requirement ratio will boost market confidence and economic vitality, experts said on Wednesday, as it comes at a time when there is a stronger n

China Development Bank issues 59.9 bln yuan in student loans

wangxiao01/20/20240

BEIJING, Jan. 20 (Xinhua) — The China Development Bank, a major policy bank in the country, issued a total of 59.9 billion yuan (about 8.42 billion U.S. dollars) in national student loans in 2023, da

China EximBank ups loan support to meet companies\’ import financing needs

wangxiao12/27/20230

BEIJING, Oct. 26 (Xinhua) — The Export-Import Bank of China (China EximBank) has issued around 270 billion yuan (about 37.61 billion U.S. dollars) of loans during the first three quarters of the year

Zimbabwean businesses welcome extension of multi-currency system til 2030

wangxiao12/27/20230

by Tafara Mugwara
HARARE, Oct. 29 (Xinhua) — Zimbabwean businesses have welcomed the move to extend the U.S. dollar-dominated multi-currency system by five more years until December 2030.
Zimbabwean

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