Saturday, April 17, 2021
Tags Chinese micro-lending

Tag: Chinese micro-lending

Microfinance Companies in China See Outstanding Loans Decline by USD$4.83 Billion in First Quarter of 2020

The latest data from the Chinese central bank points to sizeable declines in both the number the outstanding loan balance of Chinese...

Chinese Microloan Companies Dwindle to Less than 8000 in First Half of 2019

The Chinese microloan sector has continued to contract in the first half of 2019.

Online Loansharking Re-emerges Under Variety of Guises, Rates Exceed 1000%

China's peak body for the internet finance sector points to a resurgence in shady forms of online micro-lending  despite a crackdown launched by Beijing...

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Actually Used Foreign Investment in China Rises Nearly 40% in First Quarter, New Foreign Invested Enterprises up 47.8%

China has seen a surge in foreign investment in the first quarter of 2021 compared to the same period in 2020, with...

China’s Q1 GDP Surges 18.3% YoY, Two Year Average Growth Rate at 5.0%

Chinese GDP in the first quarter of 2021 has seen a surge compared to the same period last year, given the low...

MLF Rates Remain Unchanged for 13th Consecutive Month as Chinese Monetary Policy Stresses Stability

The Chinese central bank's open market operations (OMO) have kept the rate for medium-term instruments unchanged for over a year, with analysts...

PBOC Reiterates Commitment to Anti-trust Enforcement in Chinese Payments Sector, Development of Cross-border Payments

The Chinese central bank has stressed its commitment to enforcing anti-trust measures in China's payment sector, as well as efforts to improve...