Wednesday, April 14, 2021
Tags Chinese P2P loans

Tag: Chinese P2P loans

Average Return for Online Loans in China at 9.3% in November

Returns on online loans in China remained well ahead of those for bank wealth management products (WMP) and other investment options in November. A report...

Is China’s P2P Crisis the Result of Regulatory Negligence?

A new report from the Peterson Institute for International Economics (PIIE) says negligence and inaction on the part of China's financial regulators serve as...

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Chinese Central Bank Appoints 48 Year-old Deputy Mayor of Chongqing as New Deputy Governor

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Beijing Cracks Down on Local Finance Platforms, Demands “Peeling Away” of Government Funding Role, Bankruptcies for Insolvent Firms

The State Council of China has issued new regulations concerning the handling of local finance platforms in a bid to stymie their...

Chinese CPI Bounces Back into Positive Territory in March

China's consumer price index (CPI) resumed positive YoY growth in March, as the domestic economy continues to recover from the impacts of...

Renminbi Lending Increases USD$1.17 Trillion in First Quarter of 2021

Chinese banks extended over USD$1.1 trillion in new loans in the first quarter of 2021 according to the latest data from the...