Sunday, November 1, 2020
Tags Chinese internet finance

Tag: Chinese internet finance

P2P Platform Xiaoniu Online Becomes the Latest in China to Close Shop

Xiaoniu Online (小牛在线) is the latest P2P platform to shut down operations following the launch by Chinese authorities of a heavy-handed crackdown...

China’s Peak Online Finance Body Requires Members to Display Annualised Lending Costs

The National Internet Finance Association of China (NIFA) (中国互金协会) has launched a new measure to raise the transparency of the online lending...

Baihang Credit Executes Cooperative Agreements with over 700 Chinese Financial Institutions

China's only licensed personal credit agency has just seen its first major change in executive personnel, after enjoying rapid growth in the...

IoT Take Pride of Place on Beijing’s New Internet Security Trial Project List

The Ministry for Industry and Information Technology (MIIT) has released a new list of internet security technology application trial projects.

Chinese Internet Finance Authority Pledges to “Vigorously” Combat Online Loan Risk

China's leading authority for internet financial risk has signalled heightened measures to deal with risk in relation to online P2P lending.

Online Financial Institutions Integrated into China’s Credit System

The Chinese central bank is pressing ahead with efforts to incorporate online financial institutions in the country's broader credit system.

Chinese Online Lending Platforms See 14.21% Rise in Overdue Loans, 17 Plan Benign Exits

China's online lending platforms saw a decline in transaction volumes in tandem with a rise in overdue loans in the month of...

China’s P2P Lending Sector Sees First Ever Drop in Transaction Volumes in 2018

A new report on China's internet finance sector points to a sharp decline in P2P loan transaction volumes as well as platforms following official...

China’s National Internet Finance Association Convenes Open Banking Forum

China's peak body for the online finance sector recently convened forum on open banking in the northern Chinese city of Tianjin. The National Internet Finance...

China’s Internet Finance Report for 2018 Highlights Compliance Risk

China's peak body for the online finance sector has just released its annual industry report for 2018. On 8 December the National Internet Finance Association...

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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...