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United Kingdom

Cheng Leng

China pushes for cheaper health insurance products to battle virus: sources

13 Feb 2020

HONG KONG/BEIJING China is nudging insurers to work on cheaper medical cover linked to the coronavirus and is assuring them of fast-track approval for these new products, people with knowledge of the matter said. | Video

Exclusive: Hundreds of Chinese businesses seek billions in loans to contend with coronavirus - sources

11 Feb 2020

BEIJING More than 300 Chinese companies are seeking bank loans totaling at least 57.4 billion yuan ($8.2 billion) to help to soften the impact of the coronavirus outbreak, two banking sources said.

EXCLUSIVE-Hundreds of Chinese businesses seek billions to contend with coronavirus -sources

10 Feb 2020

* Companies involved in control of epidemic or among hardest hit

EXCLUSIVE-Hundreds of Chinese firms seek billions in loans amid coronavirus outbreak - sources

10 Feb 2020

* Firms including Meituan Dianping and Xiaomi Corp seek loans

Ant Financial pauses credit rating service amid coronavirus outbreak

07 Feb 2020

A Chinese credit rating service backed by Alibaba affiliate Ant Financial stopped updating scores as of Wednesday, saying many users could miss payments because of the coronavirus outbreak, a reflection of emerging financial pains caused by disease.

China regulator asks banks to weigh virus impact on borrowers: sources

06 Feb 2020

SHANGHAI/BEIJING China's banking and insurance regulator (CBIRC) asked lenders last week in some cities to assess the impact of the coronavirus outbreak on their borrowers, said two people with direct knowledge of the matter.

Wilted flowers, empty cafes: China's small businesses bear coronavirus costs

05 Feb 2020

BEIJING/SINGAPORE What is worrying Rao Yong more than the daily news updates of a virus outbreak gripping China is that he may soon have to shut his online handicraft store and tell the 1,400 craftswomen he employs he is no longer able to sell their work.

Wilted flowers, empty cafes: China's small businesses bear coronavirus costs

05 Feb 2020

BEIJING/SINGAPORE What is worrying Rao Yong more than the daily news updates of a virus outbreak gripping China is that he may soon have to shut his online handicraft store and tell the 1,400 craftswomen he employs he is no longer able to sell their work.

China virus death toll posts grim record rise, passes 400

04 Feb 2020

BEIJING China said it would welcome assistance from the United States to fight a coronavirus outbreak, a day after it accused Washington of scaremongering, and as the death toll rose on Tuesday by a new daily record to more than 420.

China to inject $174 billion of liquidity on Monday as markets reopen

02 Feb 2020

SHANGHAI China's central bank said it will inject 1.2 trillion yuan ($174 billion) worth of liquidity into the markets via reverse repo operations on Monday as its stock markets prepare to reopen amid an outbreak of a new coronavirus.

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