Friday, October 30, 2020
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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Anhui Province Undertakes Trial Scheme for SME Emergency Loans to Enteprises Affected by COVID-19 and Flooding

The inland Chinese province of Anhui has announced the start of a trial scheme for the provision of emergency loans to local...

ByteDance Establishes Artificial Intelligence Subsidiary in Fujian Province

ByteDance, the company behind social media giant TikTok, has just established a tech subsidiary in Fujian province whose business scope includes artificial...

Alibaba Unveils Plan for Greater Digitisation of Cross-border Trade

Chinese e-commerce giant Alibaba has unveiled an ambitious new plans to support the use of e-commerce by small businesses.

Lending to Private Enterprise Increases 5.4 Trillion Yuan During Jan – Sep Period: CBIRC

The latest data from the China Banking and Insurance Regulatory Commission (CBIRC) points to a sizeable increase in lending to private enterprises...