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Chinese Banks Latest News

  • Jaguar Land Rover (JLR), owned by India's Tata Motors, has entered into agreements with lenders in China for a secured term loan facility of 5 billion yuan ($704.50 million), marking its first debt financing in China, it said.Arthur Yu, JLR's vice president and China chief financial officer, said the Chinese banks that would provide it with the three-year revolving loan include Bank of China, ICBC, China Construction Bank, Bank of Communications and Shanghai Pudong Development Bank.
    Jaguar Land Rover Raises $705 Million Loan From Chinese Banks

Reviews

  • Another Chinese automaker is showing vehicles this year at the auto show in Detroit, raising the perennial question about when these companies might start selling in the international markets.
    5 Biggest Chinese Carmakers
  • The second practice session at the Shanghai International Circuit went underway and Hamilton (who was left out in the first session) set the fastest lap clocking a 1:38.315.
    2014 F1 Chinese Grand Prix: Hamilton faster than Alonso in FP2
  • Fernando Alonso set the fastest time of 1m 39.783s the first practice session at the Chinese Grand Prix, beating Nico Rosberg by almost 0.4s. With the new Ferrari team principal, Marco Mattiacci, taking over from Stefano Domenicali, watching over, Alonso was quickest for the majority of the session.
    2014 F1 Chinese Grand Prix: Alonso sets pace ahead of Rosberg in FP1