Monday, April 12, 2021
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Tag: Mortgages

Banking

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

CBNEditor - 0
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...
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Economy

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

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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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Most Read

Paypal Founder Peter Thiel Worries Bitcoin Could Be Financial Weapon for China Despite Domestic Ban

Economy CBNEditor - 0
One of America's leading tech entrepreneurs believes that China could use the Bitcoin cryptocurrency as a "financial weapon" against the US should...
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Chinese Central Bank Reportedly Orders Lenders to Keep 2021 Credit Growth on Par with Last Year

Banking CBNEditor - 0
The People's Bank of China (PBOC) has reportedly issued an order for leading banking sector financial institutions to scale back credit growth...
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Alibaba Hit with $2.78B Anti-Trust Penalty by China’s Market Regulator

Economy CBNEditor - 0
Jack Ma's Alibaba has been slapped with a massive fine by China's market regulator following the launch of an anti-trust investigation into...
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Digital Renminbi Makes Its Debut on Renmin University Campus

Fintech CBNEditor - 0
Ongoing trials of China's Digital Renminbi have brought the central bank digital currency to one of the country's most prestigious tertiary institutions....
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