Saturday, November 28, 2020
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Housing’s Share of New RMB Lending Recedes in Q1 2017

The latest data from China's central bank indicates that new housing fell off as a percentage of total lending in the first quarter of 2017, while loans...

Lending to Welfare Housing Surges 47.7% in March

The latest data from China's central bank indicates that loans for the development of welfare housing surged nearly 48% year-on-year in the month of March. Figures...

Big Five Banks Dominate Chinese Property Lending, NPL’s Under 1%

New data indicates that the overwhelming majority of China's home loans are held by the country's big five banks, and that their non-performing ratio is below 1%. 21st Century...

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Bank of Chengdu Launches New “Cloud Converted” Data Centre, Provides AI Customer Service in Sichuanese Dialect

Sichuanese province lender Bank of Chengdu has announced the launch of a new "cloud converted" data centre."

Bank of Communications Completes First Offshore Issuance of Perpetual Bond by a Chinese Bank

Big state-owned lender Bank of Communications (BOCOM) has become the first Chinese bank to issue perpetual bonds offshore.

Liu He Sheds Light on China’s Dual Circulation Development Strategy

One of China's senior-most economic policymakers has written an essay for the People's Daily that sheds light on the goals and priorities...

International Forecasters Upbeat on Chinese GDP Growth in 2020, 2021

Leading international forecasters anticipate comparatively robust growth for the Chinese economy in 2020 amidst the impacts of the COVID-19 pandemic.