Sunday, November 1, 2020
Tags Chinese mortgages

Tag: Chinese mortgages

China’s Savings Rate Remains World’s Highest, Drives Financialization: Zhou Xiaochuan

The former head of the Chinese central bank has highlighted China's world-high savings rate as a key factor impacting the growth of...

Chinese First Home Loan Rates Fell for the First Time Last Year in December

Average first home loan rates in China posted their first decline for 2018 in the month of December, as Beijing maintained tight property and...

State Media Highlights First Home Loan Rate Falls Following Reserve Ratio Cut

Chinese state media is drawing attention to the increased room for downward adjustments to first home loan rates following the central bank's unveiling of...

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Anhui Province Undertakes Trial Scheme for SME Emergency Loans to Enteprises Affected by COVID-19 and Flooding

The inland Chinese province of Anhui has announced the start of a trial scheme for the provision of emergency loans to local...

ByteDance Establishes Artificial Intelligence Subsidiary in Fujian Province

ByteDance, the company behind social media giant TikTok, has just established a tech subsidiary in Fujian province whose business scope includes artificial...

Alibaba Unveils Plan for Greater Digitisation of Cross-border Trade

Chinese e-commerce giant Alibaba has unveiled an ambitious new plans to support the use of e-commerce by small businesses.

Lending to Private Enterprise Increases 5.4 Trillion Yuan During Jan – Sep Period: CBIRC

The latest data from the China Banking and Insurance Regulatory Commission (CBIRC) points to a sizeable increase in lending to private enterprises...