Thursday, January 28, 2021
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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China Issued USD$8.87 Trillion in Bonds in 2020 for YoY rise of over 26%: PBOC

The latest data from the Chinese central bank points to a marked rise in bond issuance in 2020 amidst the peak of...

Beijing, Guangdong, Shanghai All Stress Digital Renminbi, Financial Opening in 2021 Government Work Reports

Several of China's biggest regional economies have outlined plans to accelerate digital renminbi trials and financial opening measures in their government work...

ByteDance’s Douyin to Serve as China Central Television’s Spring Festival Broadcast Partner for 2nd Year Running

TikTok's Chinese counterpart Douyin will be the official partner for the Spring Festival gala show that will be screened by China's state-owned...

China UnionPay Establishes Commanding Presence in South-east Asia’s Digital Payments Market

Payments giant China UnionPay is making bold forays into the digital payment sectors of multiple countries throughout South-east Asia.