Category: Chinese business

Chinese Restaurant: The Benefits of a Small Business Administration Loan for Your Business Acording to PaydayNow

As a Chinese restaurant owner, you’ve probably looked into loans and come across the word “SBA.” SBA stands for Small Business Administration, and it is a loan that you should investigate. Even though it’s referred to as a “loan,” it’s not one in the usual sense. An SBA is essentially a bank or alternative lender’s […]

Former China Merchants Bank CEO under investigation

China’s anti-corruption watchdog has reportedly placed Tian Huiyu, the former president of China Merchants Bank, under investigation, the Wall Street Journal (WSJ) wrote. It comes after he was abruptly removed from the head of the state-backed lender. Huiyu was “suspected of seriously violating discipline and laws”, according to China’s Central Commission for Discipline Inspection. Tian […]

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