Saturday, January 23, 2021
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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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.