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Economy
90% of Consumer Loan Asset Backed Securities Issued by Unlicensed Institutions
CBNEditor
-
July 14, 2017
0
New data indicates that the vast majority of consumer loan asset backed securities (ABS) Â on China's interbank and exchange market are issued by unlicensed...
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Most Read
PBOC to Issue New Rules on Assessment of Systemically Important Banks
Banking
CBNEditor
-
October 22, 2020
0
A senior official has flagged the imminent launch by the Chinese central bank (the People's Bank of China) of new rules governing...
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China’s Live Streaming E-commerce Market Set to Breach 1 Trillion Yuan in 2020
Economy
CBNEditor
-
October 22, 2020
0
A new report from KPMG and Alibaba sees the live streaming e-commerce market in China exceeding one trillion yuan (approx. USD$150 billion)...
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Ping An Bank Enters Strategic Partnership with JDD, Launches Joint Credit Card
Banking
CBNEditor
-
October 22, 2020
0
The lending unit of Ping An Group and JD.com's fintech vehicle have just entered a strategic partnership covering a range of areas....
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Chinese Central Bank to Unveil Fintech Development Indices at Financial Street Forum
Fintech
CBNEditor
-
October 22, 2020
0
The People's Bank of China (PBOC) plans to launch new indices on fintech development in order to expedite the growth of the...
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