Monday, April 19, 2021
Tags Chinese internet lending

Tag: Chinese internet lending

CBIRC’s New Online Lending Rules Ban Speculation on Property and Stocks, Limit Consumer Loans

China's banking regulator has issued the draft version of new online lending rules that seek to contain risk across a broad range...

PBOC Wants to Clean up Internet Lending in China by Second Half of 2020

The Chinese central bank has outlined a schedule for "rectification" of China's online lending sector with the launch of regulatory trials around...

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Chinese Central Bank Researching New Cryptocurrency and Stablecoin Regulations

The People's Bank of China (PBOC) says it is currently in the process of drafting new measures for the regulation of cryptocurrencies...

China Launches Digital Renminbi Trials in 11 Cities, Stages Seven Digital Renminbi Lotteries in Year Following Start of Testing

Pilot schemes for use of the Digital Renminbi have spread to at least ten cities around China a year following the commencement...

Chinese Central Bank Commits to More Policy Support for Carbon Targets, Warns of Risk Arising from Transition Away from Fossil Fuels

The People's Bank of China (PBOC) has reiterated its commitment to green finance initiatives as part of efforts to satisfy the country's...

Jack Ma Reportedly Being Ousted from Ant Group by Chinese Authorities

Storied Internet entrepreneur Jack Ma is reportedly being forced by Chinese authorities to make a complete withdrawal from his fintech and payments...