Wednesday, October 21, 2020
Tags Chinese consumer loans

Tag: Chinese consumer loans

China’s Banking Regulator Restricts Individual Consumer Loans to Less than $29,000

The China Banking and Insurance Regulatory Commission (CBIRC) has released new measures that place strict limits on consumer loans.

Consumer Lending Rates Drop Beneath Loan Prime Rate in China as Banks Vie for High-end Clients

Competition amongst Chinese banks for the consumer finance market has driven rates for some forms of consumer lending beneath the benchmark loan...

Consumer Loan Growth Plunges in First Half of 2019

Official data points to a sizeable decline in consumer loan growth in China in the first half of 2019.

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Chinese Central Bank Helps Crack Cross-border Gambling Case Involving Tether Stablecoin

The People's Bank of China (PBOC) has just helped local authorities in the Guangdong province city of Huizhou to crack a cross-border...

Chinese Central Bank’s Digital Currency Research Institute Enters Strategic Cooperation with China’s Rural Credit Clearing Centre

The Digital Currency Research Institute of the People's Bank of China (PBOC) has entered a strategic cooperative agreement with the Rural Credit...

Chinese Housing Prices Enter the “10,000 Yuan Era”

Domestic analysts say that the Chinese housing market has just seen average prices rise permanently above the threshold of 10,000 yuan (approx....

NDRC Is “Confident” Chinese Economy Will Meet Annual Targets for 2020, Says Employment Has Risen Nearly 9M Since Start of Year

China's National Development and Reform Commission (NDRC) says it is confident that the Chinese economy will satisfy the full-year targets set by...