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Borrowing
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Borrowing
Banking
Debt Clampdown Compels Local Government to Renege on Bank Commitment Letters
CBNEditor
-
August 2, 2017
0
A clampdown on local government borrowing practices by Beijing is already having an impact on regional finance, putting authorities in the difficult position of...
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Most Read
Chinese Central Bank Helps Crack Cross-border Gambling Case Involving Tether Stablecoin
Fintech
CBNEditor
-
October 21, 2020
0
The People's Bank of China (PBOC) has just helped local authorities in the Guangdong province city of Huizhou to crack a cross-border...
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Chinese Central Bank’s Digital Currency Research Institute Enters Strategic Cooperation with China’s Rural Credit Clearing Centre
Fintech
CBNEditor
-
October 21, 2020
0
The Digital Currency Research Institute of the People's Bank of China (PBOC) has entered a strategic cooperative agreement with the Rural Credit...
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Chinese Housing Prices Enter the “10,000 Yuan Era”
Economy
CBNEditor
-
October 21, 2020
0
Domestic analysts say that the Chinese housing market has just seen average prices rise permanently above the threshold of 10,000 yuan (approx....
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NDRC Is “Confident” Chinese Economy Will Meet Annual Targets for 2020, Says Employment Has Risen Nearly 9M Since Start of Year
Economy
CBNEditor
-
October 21, 2020
0
China's National Development and Reform Commission (NDRC) says it is confident that the Chinese economy will satisfy the full-year targets set by...
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