Insurance companies in China are backing out of their involvement with the country's problem-plagued P2P lending sector.
P2P platforms in China have frequently sought to...
The Shenzhen municipal authorities are stepping up their crackdown on risk in relation to P2P lending platforms.
On 31 October the Shenzhen Municipal Internet Information...
The National Internet Finance Association of China (NIFA) has commenced the publication bank depository business information in relation to peer-to-peer lending platforms via its...
Bank of Hangzhou and Bank of Qingdao have joined the ranks of Chinese banks who have obtained official approval for P2P lending depository business.
The...
Tianjin-based China Bohai Bank has just obtained approval to provide depository operations to peer-to-peer lending platforms in China.
Bohai Bank passed inspections to serve as...
Heightened regulation of China's beleaguered peer-to-peer (P2P) lending platforms has helped to staunch an outflow of funds that threatened to cause a liquidity crisis...
China's' banking regulator has called for the country's four managers of distressed bank assets to help bail out the non-performing loans (NPL) of beleaguered...
The Chinese government has unveiled a raft of measures to deal with the country's trouble-plagued peer-to-peer (P2P) lending sector, in the wake of a...
Beijing police have thwarted attempts by the victims of capsized peer-to-peer (P2P) lending platforms to stage a protest at the offices of the China...