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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) on China's interbank and exchange market are issued by unlicensed...
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Most Read
Chinese Central Bank Hails Eradication of P2P Lending, “Orderly Disposal” of High-risk Financial Institutions
Fintech
CBNEditor
-
January 18, 2021
0
The People's Bank of China (PBOC) has highlighted the removal of all of the country's P2P lending platforms in 2020 as part...
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NDRC Flags Active Fiscal Policy, Increased Spending on New Infrastructure in 2021
Economy
CBNEditor
-
January 18, 2021
0
China's chief planning authority has outlined a raft of its policy intentions for 2021, as the national economy continues to recover from...
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China’s GDP Breaches 100 Trillion Yuan Threshold after Posting 2.3% Growth in 2020, Disposable Income up 4.7%
Economy
CBNEditor
-
January 18, 2021
0
Official data points to growth of over 2% in Chinese GDP in 2020 despite the adverse economic impacts of the COVID-19 pandemic....
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China Bans Banks from Selling Depository Products via Third Party Online Platforms
Fintech
CBNEditor
-
January 18, 2021
0
Beijing has issued a new directive which further steps up pressure on the sale of depository products via online fintech platforms, after...
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