The Small Business Administration is currently only accepting loans from banks that have assets of $1 billion or fewer.The move may address concerns that small lenders that primarily work with businesses owned by people of color would have to compete with larger banks.Minority-owned banks were already concerned that businesses owned by people of color would miss out on loans because they were going up against big banks.Visit Business Insider's homepage for more stories.To get more news... Read More

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AmCham Shanghai released its bilingual 2020 China Business Report on September 9, one of the longest running surveys of US Business in China. This year’s survey was conducted between June 16 and July 16, 2020, and reflects the views and insights of 346 members. It measured trends in company performance, investment, the revenue impact of COVID-19, supply chain and sourcing movements, staff retention in light of US-China relations, as well as Chinese companies’ competitive advantages.... Read More

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