Monday, March 8, 2021
Tags Micro-loans

Tag: Micro-loans

7 Private Banks Garner Approval in Six Months Despite Strict Entry Requirements

The number of private banks approved for business in China has nearly doubled over the past six months, yet industry insiders expect regulators to...

Regulators Set to Step Up Crackdown on Internet Micro-lending

Chinese financial regulators have given signs that they will further intensify their crackdown on the online micro-lending sector, just after calling for the immediate...

Regulators Call for Immediate Suspension of New Online Microlending

Chinese regulators have launched an immediate suspension of the establishment of new online micro-lending platforms, following reports of exorbitant interest rates and widespread unlicensed...

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PBOC Calls for Stricter Regulation of China’s Wholesale Finance Markets

A senior official from the Chinese central bank has highlighted the need for greater regulation of wholesale transactions on China's financial markets....

Chinese Central Bank Calls for Exploring Digital Renminbi’s Cross-border Payments Potential in Greater Bay Area

A senior official from the People's Bank of China (PBOC) who is also a delegate to the National People's Congress (NPC) has...

Chinese Finance Will Focus on Tech Innovation, Green Development, Small Business in 2021: Li Keqiang

Chinese Premier Li Keqiang has highlighted key focal areas for finance policy during the 2021 Government Work report delivered at the opening...

Does China’s Digital Renminbi Pose “Biggest Risk” to Bitcoin Market?

Despite barring domestic Bitcoin trading over three years ago, analysts say China could still have an adverse effect on the global market...