Wednesday, April 14, 2021
Tags Chinese P2P loans

Tag: Chinese P2P loans

Fintech

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

CBNEditor - 0
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...
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Fintech

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

CBNEditor - 0
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

Banking CBNEditor - 0
The People's Bank of China (PBOC) has just expanded its senior leadership cohort with the addition of a new deputy governor drawn...
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Beijing Cracks Down on Local Finance Platforms, Demands “Peeling Away” of Government Funding Role, Bankruptcies for Insolvent Firms

Finance CBNEditor - 0
The State Council of China has issued new regulations concerning the handling of local finance platforms in a bid to stymie their...
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Chinese CPI Bounces Back into Positive Territory in March

Economy CBNEditor - 0
China's consumer price index (CPI) resumed positive YoY growth in March, as the domestic economy continues to recover from the impacts of...
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Renminbi Lending Increases USD$1.17 Trillion in First Quarter of 2021

Banking CBNEditor - 0
Chinese banks extended over USD$1.1 trillion in new loans in the first quarter of 2021 according to the latest data from the...
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