Saturday, October 31, 2020
Tags Mortgages

Tag: Mortgages

Chinese Banks Raise First Home Loan Rates to 20% Above Benchmark

As lending quotas become scarce in the lead up to the year's end, a number of Chinese banks are raising their rates for first...

China First “Mortgage Slave Report” Says Rent-Income Ratio Over 50% in Major Cities

A new report released by Shanghai E-House Real Estate Research Institute points to heavy strain on China's housing market that leave many urban Chinese...

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Anhui Province Undertakes Trial Scheme for SME Emergency Loans to Enteprises Affected by COVID-19 and Flooding

The inland Chinese province of Anhui has announced the start of a trial scheme for the provision of emergency loans to local...

ByteDance Establishes Artificial Intelligence Subsidiary in Fujian Province

ByteDance, the company behind social media giant TikTok, has just established a tech subsidiary in Fujian province whose business scope includes artificial...

Alibaba Unveils Plan for Greater Digitisation of Cross-border Trade

Chinese e-commerce giant Alibaba has unveiled an ambitious new plans to support the use of e-commerce by small businesses.

Lending to Private Enterprise Increases 5.4 Trillion Yuan During Jan – Sep Period: CBIRC

The latest data from the China Banking and Insurance Regulatory Commission (CBIRC) points to a sizeable increase in lending to private enterprises...