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...
A major shareholder in NASDAQ-listed agricommerce platform Pinduoduo has applied with Chinese authorities to register a Pinduoduo-related payments trademark.