Multiple banks in the southern Chinese manufacturing hub of Shenzhen have suspended the provision of consumer loans due to concerns over their illicit use...
The China Banking Regulatory Commission is planning a crackdown on the illicit use of consumer loans to invest in the property market.
As property lending...
Banking regulators in several parts of China are targeting the surging use of consumer loans to fund down payments for real estate purchases.
Over the...
The head of the People's Bank of China (PBOC) Digital Currency Research Institute Mu Changchun (穆长春) has revealed details concerning the development...
