Tuesday, January 26, 2021
Tags Chinese private lending

Tag: Chinese private lending

Finance

Chinese Supreme Court Flags Reduction in 24% – 36% Protected Maximum Rate for Private Loans

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The Chinese central government has signalled the launch of reductions on the maximum interest rate for loans made between private parties in...
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Banking

Annual Interest Rates in Excess of 36% Criminalised by Chinese Supreme Court

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China's top judicial and police authorities have made lending at annualised rates above 36% a criminal offence, amidst a crackdown on underground...
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Finance

Chinese Authorities Investigate 1890 Organised “Taolu” Loan Cases, Seize 16.176B Yuan in Assets

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China's public security authorities have launched investigations into nearly 1900 organised "taolu" loan cases, following a nationwide crackdown on predatory lending.
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Most Read

Chengdu to Issue 50M Yuan in Digital Renminbi via Record-sized Lottery

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The Sichuan province capital of Chengdu is the latest Chinese city to stage trials for the issuance of the digital renminbi via...
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Automaker Geely Establishes Fintech Investment Vehicle

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Privately held automaker Zhejiang Geely Holding Group (浙江吉利控股集团有限公司) is seeking to expand its presence in the fintech sector with the launch of...
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China Authorises 530,000 Patents in 2020, Patent Pledge Financing Rises over 43% YoY

Economy CBNEditor - 0
The China National Intellectual Property Administration (CNIPA) says it approved 530,000 patents in 2020, bringing the total number of domestic patents in...
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Shanghai Pudong Development Bank Opens Fintech Research Facility in Singapore to Focus on Blockchain, AI and API Development

Fintech CBNEditor - 0
Municipal lender Shanghai Pudong Development Bank (SPD Bank) has become the first joint-stock bank in China to establish an innovation centre...
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