Sunday, January 24, 2021
Tags Chinese loans

Tag: Chinese loans

China Further Defers Repayments for Micro and Small Enterprise Loans Past First Quarter of 2021

The Chinese government has further extended deferrals on repayments for loans made to micro and small-enterprises (MSE's) that were originally launched in...

Chinese Banks Defer 1.3 Trillion Yuan in Repayments for Small Business Loans Following COVID-19 Outbreak

The Chinese banking sector has provided mass deferrals on repayments for loans made to Chinese small businesses that have been hard hit...

Central Bank Media Hails Structural Improvements to Chinese Lending in 2019, Rise in Private Enterprise and Long-term Credit

The official news publication of the People's Bank of China (PBOC) says that Chinese lending saw marked structural improvements in 2019.

Beijing’s Financial Inclusion Drive Could Result in USD$418B in New Loans: S&P Global

A report from S&P Global forecasts that Beijing's efforts to drive financial inclusion and expand funding for China's micro and small-enterprises (MSE's)...

Renminbi Loans Rise 16.17T Yuan in 2018, M2 Money Supply Expands 8.1% YoY

The Chinese central bank has just released data on credit and money supply growth for 2018. Data from the People's Bank of China (PBOC) indicates...

New Renminbi Loans of 1.28tn Yuan in August, M2 Money Supply Rises 8.2% YoY

The Chinese central bank has released new data for credit and money supply growth in the month of August 2018. Figures from the People's Bank...

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Users of Everbright’s Cloud-Driven Utilities Payment Platform Exceeded Half a Billion in 2020

China Everbright Bank has seen users of its cloud-based utilities payments service surge in 2020, as the COVID-19 pandemic drove sharp gains...

China Unlikely to See Real Estate Loan Rates Decline in 2021 as LPR Holds Steady for Ninth Month Straight

Domestic analysts say that Chinese banks are unlikely to significantly reduce rates for real estate loans in 2021, as regulators continue to...

Chinese Central Bank Unveils Anti-Trust Measures Permitting Break up of Third-Party Payments Platforms

The People's Bank of China (PBOC) will have the power to recommend the dismantling of third party payments platforms under new measures...

Pinduoduo Owner Applies for Payments Trademark

A major shareholder in NASDAQ-listed agricommerce platform Pinduoduo has applied with Chinese authorities to register a Pinduoduo-related payments trademark.