Wednesday, October 21, 2020
Tags Chinese peer-to-peer lending

Tag: Chinese peer-to-peer lending

P2P Lending Platforms to Be Fully Incorporated into Chinese Central Bank’s Credit System

Financial regulators have unveiled plans to incorporate P2P lending platforms into China's credit system as part of efforts to address problems with...

Citigroup, Goldman Sachs, JPMorgan and Credit Suisse Abandon Chinese P2P Deals

The woes of China's peer-to-peer lending sector continue to worsen, with US investment banks abandoning stateside IPO's for Chinese platforms en masse...

Beijing Steps up Pressure on Chinese P2P Lenders with Call for “Targeted Bomb Disposal”

The Chinese central government has flagged greater pressure on the P2P lending sector with a call for "targeted bomb disposal", as analysts...

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...

Crackdown on P2P Lenders Spreads to Hangzhou, 10 Platforms Ensnared within a Week

China's ongoing crackdown on P2P lenders has spread from Nanjing and Shanghai to the Zhejiang province capital of Hangzhou, with a slew of investigations...

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Chinese Central Bank Helps Crack Cross-border Gambling Case Involving Tether Stablecoin

The People's Bank of China (PBOC) has just helped local authorities in the Guangdong province city of Huizhou to crack a cross-border...

Chinese Central Bank’s Digital Currency Research Institute Enters Strategic Cooperation with China’s Rural Credit Clearing Centre

The Digital Currency Research Institute of the People's Bank of China (PBOC) has entered a strategic cooperative agreement with the Rural Credit...

Chinese Housing Prices Enter the “10,000 Yuan Era”

Domestic analysts say that the Chinese housing market has just seen average prices rise permanently above the threshold of 10,000 yuan (approx....

NDRC Is “Confident” Chinese Economy Will Meet Annual Targets for 2020, Says Employment Has Risen Nearly 9M Since Start of Year

China's National Development and Reform Commission (NDRC) says it is confident that the Chinese economy will satisfy the full-year targets set by...