Wednesday, October 21, 2020
Tags Chinese NPL's

Tag: Chinese NPL's

Chinese Banks Expand Bad Debt Write Offs by 96.3 Billion Yuan in Jan-Aug Period

Official data points to a sizeable expansion in efforts by Chinese banks to write-off their dud debt in 2020, as the COVID-19...

China’s Banking Regulator Forecasts $331B Surge in Disposal of Non-performing Loans in 2020

China's banking regulator forecasts a considerable rise in the disposal of non-performing loans (NPL) in 2020, due to the economic impacts of...

Bad Debt of Chinese Banks Hit 2.41 Trillion Yuan at End of Q4 2019, Holds Steady with Q3

China's top banking authority has just released its latest raft of data the performance of the Chinese banking system.

Non-performing Loans Hit Decade Long High Following Launch of Stricter Definitions

The latest data on China's banking sector points to a sharp surge in non-performing loans in certain parts of the country in...

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Chinese Central Bank Helps Crack Cross-border Gambling Case Involving Tether Stablecoin

The People's Bank of China (PBOC) has just helped local authorities in the Guangdong province city of Huizhou to crack a cross-border...

Chinese Central Bank’s Digital Currency Research Institute Enters Strategic Cooperation with China’s Rural Credit Clearing Centre

The Digital Currency Research Institute of the People's Bank of China (PBOC) has entered a strategic cooperative agreement with the Rural Credit...

Chinese Housing Prices Enter the “10,000 Yuan Era”

Domestic analysts say that the Chinese housing market has just seen average prices rise permanently above the threshold of 10,000 yuan (approx....

NDRC Is “Confident” Chinese Economy Will Meet Annual Targets for 2020, Says Employment Has Risen Nearly 9M Since Start of Year

China's National Development and Reform Commission (NDRC) says it is confident that the Chinese economy will satisfy the full-year targets set by...