Search for: "Industrial and Commercial Bank of China"
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8 Jul 2012, 5:07 pm
My favorite example of such reporting is the official data on non-performing loans in China: Latest data from China's Banking Regulatory Commission showed that the non-performing loan (NPL) ratio for the country's commercial banks stood at 0.9 percent as of the end of the first quarter, down from 1 percent at the end of last year. [read post]
16 May 2012, 7:30 am
We generally recommend our clients secure this letter of credit from a major (not a tiny) Chinese bank, such as Bank of China, China Construction Bank, Industrial and Commercial Bank of China, China Development Bank, and Bank of Communications, or a branch of a known American, Asian or European bank. [read post]
7 Jan 2022, 6:51 am
In late 2020, after Ma spoke out in a conference against China’s state-owned banks, regulators hauled Ma in for questioning, halted the initial public offering of Alibaba subsidiary Ant Group and left his public reputation in tatters. [read post]
18 Jan 2022, 9:38 am
Aisino’s website states they are owned by the state company CASIC (China Aerospace Science & Industry Corporation Limited – 中国航天科工集团公司). [read post]
13 Dec 2022, 11:17 am
A joint venture can be beneficial for foreign companies, as it provides access to: The Chinese partner’s existing workforce and resources Industrial sectors closed to WFOEs Existing sales and distribution channels A lower upfront investment than a WFOE That said, you need to determine whether a joint venture makes sense for your company before signing on the dotted line. [read post]
2 Jun 2019, 8:21 am
-China Trade Deal Upend [read post]
12 Aug 2010, 10:48 pm
We generally recommend our clients secure this letter of credit from a major (not a tiny) Chinese bank, such as Bank of China, China Construction Bank, Industrial and Commercial Bank of China, China Development Bank, and Bank of Communications, or a branch of a known American, Asian or European bank. [read post]
15 Apr 2010, 1:50 pm
Legally and financially, non-recognition enhances the ability of U.S. industry to succeed in antidumping complaints. [read post]
9 May 2022, 8:48 am
We own a small WFOE that manufactures our consumer/industrial equipment for export to us in the US. [read post]
11 Sep 2019, 11:02 am
The People’s Bank of China (PBOC) has released more information about China’s proposed new digital currency, which the SCMP casts as a rival to Facebrook’s Libra. [read post]
31 Jul 2013, 7:34 am
On the other hand, our clients that sell highly specialized industrial/commercial software seem to be doing just fine. [read post]
26 Nov 2012, 8:58 am
About a third of the time when I am out speaking on China, someone in the audience (usually near the end of the question and answer session) asks how they can keep up with the law in their particular industry. [read post]
27 Aug 2007, 11:17 pm
Chinese inventors tend to shy away from commercializing their own innovations for the same reason. [read post]
10 May 2020, 7:00 am
Chinese businesses were deeply involved in the Libyan oil industry, beyond imports. [read post]
16 May 2022, 7:24 am
Prior to that, in January, 2019, Robert had written a report, China in Myanmar: The New Colonialism, on how China had sunk its teeth into Myanmar, and what that looked like. [read post]
21 Dec 2008, 7:00 am
At the same time, the property market continues to shrink in many major Chinese cities. which will spell trouble for China’s bank industry, and on a wider level China’s economy. [read post]
14 Dec 2016, 3:58 am
Fourth, you need to use a trusted bank for one and Chinese banks do not generally fall into this category if you are a foreign company having your product manufactured in China. 100% T/T payment 2 months after shipment, with no deposit. [read post]
5 Aug 2020, 3:58 am
For a long time, local governments received a large portion of their income from selling land rights, re-zoning agricultural land to land that could be used for commercial, residential or industrial land. [read post]
13 Apr 2013, 5:38 am
There are three important bodies of law that may govern this transaction — the United Nations Convention on Contracts for the International Sale of Goods (“CISG”), the Carriage of Goods by Sea Act (“COGSA”), and potentially the International Commercial Terms. [read post]
5 Jan 2010, 11:09 am
There was a context for the President's performance in China. [read post]