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Chinese bank loans
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Chinese bank loans
Banking
Chinese Banks Expand Bad Debt Write Offs by 96.3 Billion Yuan in Jan-Aug Period
CBNEditor
-
September 15, 2020
0
Official data points to a sizeable expansion in efforts by Chinese banks to write-off their dud debt in 2020, as the COVID-19...
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Economy
Outstanding Total Social Financing up 10.7% YoY in August
CBNEditor
-
September 12, 2019
0
The latest data from the Chinese central bank points to a more than 10% rise in outstanding total social financing for the...
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Banking
Private Sector Accounts for over 60% of Economy Yet Just 25% of Bank Loans: CBIRC Head
CBNEditor
-
November 9, 2018
0
The party secretary of the Chinese central bank and head of the China Banking and Insurance Regulatory Commission (CBIRC) has robust targets to drive...
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Most Read
Chinese Central Bank Appoints 48 Year-old Deputy Mayor of Chongqing as New Deputy Governor
Banking
CBNEditor
-
April 14, 2021
0
The People's Bank of China (PBOC) has just expanded its senior leadership cohort with the addition of a new deputy governor drawn...
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Beijing Cracks Down on Local Finance Platforms, Demands “Peeling Away” of Government Funding Role, Bankruptcies for Insolvent Firms
Finance
CBNEditor
-
April 14, 2021
0
The State Council of China has issued new regulations concerning the handling of local finance platforms in a bid to stymie their...
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Chinese CPI Bounces Back into Positive Territory in March
Economy
CBNEditor
-
April 14, 2021
0
China's consumer price index (CPI) resumed positive YoY growth in March, as the domestic economy continues to recover from the impacts of...
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Renminbi Lending Increases USD$1.17 Trillion in First Quarter of 2021
Banking
CBNEditor
-
April 14, 2021
0
Chinese banks extended over USD$1.1 trillion in new loans in the first quarter of 2021 according to the latest data from the...
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