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Chinese credit
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Chinese credit
Banking
2020 Full Year Renminbi New Lending to Approach USD$2.82 Trillion: Chinese Central Bank Governor
CBNEditor
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June 19, 2020
0
People's Bank of China (PBOC) chief Yi Gang (易纲) forecasts copious credit growth in 2020 following the economic impacts of the COVID-19...
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Banking
New Renminbi Lending at 905.7 Billion Yuan in February, M2 Rises 8.8% YoY
CBNEditor
-
March 12, 2020
0
The People's Bank of China (PBOC has just released its latest round of figures on China's monetary system in the month of...
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Banking
Chinese Central Bank Plans to Launch Second Generation Personal Credit System in Late January
CBNEditor
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January 9, 2020
0
Sources from the People's Bank of China (PBOC) have indicated that it plans to launch its "second generation" personal credit system by...
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Finance
Chinese Central Bank Revokes Business Filings for Wanda Credit, Three Other Credit Firms in Shanghai
CBNEditor
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January 2, 2020
0
The Shanghai branch of the People's Bank of China (PBOC) has announced the revocation of the credit business filings for four credit...
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Economy
PBOC Report Highlights Accelerated Growth in Financial Inclusion Loans
CBNEditor
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October 30, 2019
0
A report from the Chinese central bank points to accelerated growth in financial inclusion loans.
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Economy
Outstanding Total Social Financing up 10.7% YoY in August
CBNEditor
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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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Economy
Total Social Financing Increases 13.23T Yuan in H1 2019, up 3.18T Yuan YoY
CBNEditor
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July 14, 2019
0
The latest figures from the Chinese central bank point to a sizeable YoY rise in total social financing in the first half...
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Banking
Beijing Plans to Downgrade Personal Credit Ratings for Eating and Drinking on Subway System
CBNEditor
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April 27, 2019
0
The municipal government of Beijing has unveiled plans to punish the credit ratings of citizens for improper behaviour on the metro system....
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Banking
Per Capita Bank Card Ownership in China Hit 5.46 in 2018, Average Card Spending at 12,200 Yuan
CBNEditor
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March 19, 2019
0
A new report from the Chinese central bank on the domestic payments points to an ongoing rise in per capita bank card...
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Banking
Chinese Debt to Expand in 2019 Yet Shadow Banking Risk on the Wane: Morgan Stanley
CBNEditor
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February 23, 2019
0
US investment bank Morgan Stanley expects China's debt-to-GDP ratio to continue to rise in 2019, yet management of risk by the Chinese...
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Chengdu to Issue 50M Yuan in Digital Renminbi via Record-sized Lottery
Fintech
CBNEditor
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January 26, 2021
0
The Sichuan province capital of Chengdu is the latest Chinese city to stage trials for the issuance of the digital renminbi via...
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Automaker Geely Establishes Fintech Investment Vehicle
Finance
CBNEditor
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January 26, 2021
0
Privately held automaker Zhejiang Geely Holding Group (浙江吉利控股集团有限公司) is seeking to expand its presence in the fintech sector with the launch of...
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China Authorises 530,000 Patents in 2020, Patent Pledge Financing Rises over 43% YoY
Economy
CBNEditor
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January 26, 2021
0
The China National Intellectual Property Administration (CNIPA) says it approved 530,000 patents in 2020, bringing the total number of domestic patents in...
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Shanghai Pudong Development Bank Opens Fintech Research Facility in Singapore to Focus on Blockchain, AI and API Development
Fintech
CBNEditor
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January 26, 2021
0
Municipal lender Shanghai Pudong Development Bank (SPD Bank) has become the first joint-stock bank in China to establish an innovation centre...
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