Saturday, January 23, 2021
Tags Chinese negative interest rates

Tag: Chinese negative interest rates

China’s Top Banking Regulator Says No Irrigation Stimulus, Deficit Monetisation or Negative Interest Rates

The senior-most official in China's banking system has flagged fiscal and monetary restraint despite the economic impacts of the COVID-19 pandemic.

Digital Currency Can Help Chinese Central Bank Drive Interest Rates into Negative Territory During COVID-19 Pandemic

The founder of one of China's leading fintech associations has highlighted the ability of a statutory digital currency to help central banks...

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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.