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Chinese small- & medium-sized banks eager to go public to boost capital
China's small- and medium-sized banks remained enthusiastic about financing via initial public offerings (IPO) this year despite that approval of their IPO applications slowed down due to regulatory concerns over their asset quality and risk shielding, reported Economic Information Daily Wednesday.
July15,2020
China to implement low RRR for small- & medium-sized banks from May 15
Chinese central bank, the People’s Bank of China (PBOC) decided to implement preferential required reserve ratio (RRR) for small and medium-sized banks to reduce financing costs of small and micro- businesses from May 15.
May06,2019
China unveils guidelines to support small household farmers
China Thursday issued guidelines to support small household farmers and encourage them to become involved in modern agriculture.
February22,2019
Alibaba's Jack Ma meets with Trump, discusses plans to help American small business
Jack Ma, founder and chairman of China's e-commerce giant Alibaba, on Monday met with U.S. President-elect Donald Trump, and they discussed plans to help U.S. small businesses sell products to China through the company's platform.
January10,2017
Taxes on Latvia's small businesses to go up in 2017
Latvian lawmakers scrapped the plan to introduce mandatory minimum social security contributions but raised taxes on small businesses as they held the second and final reading of Prime Minister Maris Kucinskis' tax proposals for microenterprises.
December21,2016
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