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Big Chinese Companies Asking for Loans to Fight Coronavirus
Coinspeaker Big Chinese Companies Asking for Loans to Fight CoronavirusMore than 300 Chinese firms including Meituan Dianping, China's largest food delivery company, and smartphone maker Xiaomi Corp are seeking for bank loans totaling at least 57. дальше »
2020-2-11 16:27 | |
LocalBitcoins Purchases in Chinese Yuan Currency Reach an All-Time High
Analysts state that Chinese banks are struggling under the weight of their bad loans, and in response, the public is turning towards alternative payment methods such as bitcoin. Four banks have been quietly nationalized over the last few years, they are Baoshang Bank, Bank of Jinzhou, and Heng Feng bank. It’s possible that the economic […] дальше »
2019-11-3 18:36 | |
BabelFinance: We Have Given Out $110 Million in Crypto Loans Mostly to Chinese Entrepreneurs
BabelFinance, a crypto financing firm reported on Wednesday that it had given out about $110 million in form of crypto loans since inception in July 2018. The company says that most of its loans have been offered to Chinese entrepreneurs. дальше »
2019-6-14 23:58 | |
Chinese Speculators Borrow Millions To Invest In Crypto, Says Bank CEO
Chinese speculators are borrowing in droves to take out positions in the bull market, according to one lender. BabelBank, one of the largest commercial crypto banks, has seen a significant increase in speculative borrowing. дальше »
2019-5-29 18:36 | |
Elon Musk Secures $500 Million in Chinese Bank Loans for Tesla Gigafactory Despite CEO Eject Threat
Elon Musk might be fighting for his job in the U. S. , but his company is on track to achieve its dream of mass producing its Model 3 sedans in China. The company has secured over $500 million in loans from Chinese lenders as it inches closer to building its vehicle and battery Gigafactory in China. дальше »
2019-3-9 17:25 | |
Agricultural Bank of China Uses Blockchain For $300,000 Farm Loan Mortgage Issuance
Agricultural Bank of China Proposes Blockchain Technology for Farming Mortgage Loans According to Chinese news platform, financialnews. com. cn, the country’s largest bank, Agricultural Bank of China (ABC) has invested nearly 2 million yuan into potentially using blockchain technology to better collect and store information. дальше »
2018-8-1 10:01 | |