Three Chinese Banks Found To Fail Fiscal Responsibility
Liu Jiayi, the auditor general at China's National Audit Office, has disclosed to local media that three state-owned banks — Industrial and Commercial Bank of China, Bank of China, and China...
View ArticleBank Of China Gives More Loans To Chinese Enterprises
Bank of China told local media that by the end of January its outstanding loans stood at nearly CNY1.6 trillion compared to CNY87.29 billion at the beginning of the year. According to BOC, the newly...
View ArticleAlibaba And BOC In E-Commerce Colaboration
Bank of China and the Chinese B2B e-commerce group Alibaba have signed a comprehensive strategic cooperative agreement to jointly provide e-commerce value-added services to customers. Under the...
View ArticleChinese Supply Chain Gets Boost With New Online Financial Services
Chinese B2C e-commerce website 360buy.com and the Beijing branch of Bank of China are jointly launching a supply chain financial service platform. This new platform will reportedly provide complete...
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