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Chinese pawnbrokers
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Chinese pawnbrokers
Banking
Chinese Banks Channel Funds to Real Estate Market Via Pawnbrokers
CBNEditor
-
May 26, 2018
0
Pawnbrokers are providing funds obtained via bank-issued trust plans to prospective homebuyers, following a crackdown on real estate-related lending by Beijing. The imposition of quotas...
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Most Read
China Construction Bank VP Lu Jiajin Expected to Assume Chairmanship of Industrial Bank Following Two Year Vacancy
Banking
CBNEditor
-
April 19, 2021
0
The vice-president of one of China's big six state-owned banks is tipped to assume the role of chairman of a leading regional...
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Chinese Central Bank Researching New Cryptocurrency and Stablecoin Regulations
Banking
CBNEditor
-
April 19, 2021
0
The People's Bank of China (PBOC) says it is currently in the process of drafting new measures for the regulation of cryptocurrencies...
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China Launches Digital Renminbi Trials in 11 Cities, Stages Seven Digital Renminbi Lotteries in Year Following Start of Testing
Fintech
CBNEditor
-
April 19, 2021
0
Pilot schemes for use of the Digital Renminbi have spread to at least ten cities around China a year following the commencement...
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Chinese Central Bank Commits to More Policy Support for Carbon Targets, Warns of Risk Arising from Transition Away from Fossil Fuels
Banking
CBNEditor
-
April 19, 2021
0
The People's Bank of China (PBOC) has reiterated its commitment to green finance initiatives as part of efforts to satisfy the country's...
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