Sunday, November 1, 2020
Tags Chinese credit

Tag: Chinese credit

2020 Full Year Renminbi New Lending to Approach USD$2.82 Trillion: Chinese Central Bank Governor

People's Bank of China (PBOC) chief Yi Gang (易纲) forecasts copious credit growth in 2020 following the economic impacts of the COVID-19...

New Renminbi Lending at 905.7 Billion Yuan in February, M2 Rises 8.8% YoY

The People's Bank of China (PBOC has just released its latest round of figures on China's monetary system in the month of...

Chinese Central Bank Plans to Launch Second Generation Personal Credit System in Late January

Sources from the People's Bank of China (PBOC) have indicated that it plans to launch its "second generation" personal credit system by...

Chinese Central Bank Revokes Business Filings for Wanda Credit, Three Other Credit Firms in Shanghai

The Shanghai branch of the People's Bank of China (PBOC) has announced the revocation of the credit business filings for four credit...

PBOC Report Highlights Accelerated Growth in Financial Inclusion Loans

A report from the Chinese central bank points to accelerated growth in financial inclusion loans.

Outstanding Total Social Financing up 10.7% YoY in August

The latest data from the Chinese central bank points to a more than 10% rise in outstanding total social financing for the...

Total Social Financing Increases 13.23T Yuan in H1 2019, up 3.18T Yuan YoY

The latest figures from the Chinese central bank point to a sizeable YoY rise in total social financing in the first half...

Beijing Plans to Downgrade Personal Credit Ratings for Eating and Drinking on Subway System

The municipal government of Beijing has unveiled plans to punish the credit ratings of citizens for improper behaviour on the metro system....

Per Capita Bank Card Ownership in China Hit 5.46 in 2018, Average Card Spending at 12,200 Yuan

A new report from the Chinese central bank on the domestic payments points to an ongoing rise in per capita bank card...

Chinese Debt to Expand in 2019 Yet Shadow Banking Risk on the Wane: Morgan Stanley

US investment bank Morgan Stanley expects China's debt-to-GDP ratio to continue to rise in 2019, yet management of risk by the Chinese...

Most Read

Anhui Province Undertakes Trial Scheme for SME Emergency Loans to Enteprises Affected by COVID-19 and Flooding

The inland Chinese province of Anhui has announced the start of a trial scheme for the provision of emergency loans to local...

ByteDance Establishes Artificial Intelligence Subsidiary in Fujian Province

ByteDance, the company behind social media giant TikTok, has just established a tech subsidiary in Fujian province whose business scope includes artificial...

Alibaba Unveils Plan for Greater Digitisation of Cross-border Trade

Chinese e-commerce giant Alibaba has unveiled an ambitious new plans to support the use of e-commerce by small businesses.

Lending to Private Enterprise Increases 5.4 Trillion Yuan During Jan – Sep Period: CBIRC

The latest data from the China Banking and Insurance Regulatory Commission (CBIRC) points to a sizeable increase in lending to private enterprises...