Tuesday, January 19, 2021
Tags New lending

Tag: New lending

Chinese Loan Growth Estimated at 759bn Yuan in April

The latest survey of economists by Caixin puts Chinese lending growth in April at 759 billion yuan. The Caixin survey involved the participation of economists from ten different financial institutions. The highest...

M2 Year-on-Year Growth Expected to Hit 11.2% in March

On the eve of the release of key economic and financial data by China's central bank, economists foresee an expansion in the M2 money supply...

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Chinese Central Bank Hails Eradication of P2P Lending, “Orderly Disposal” of High-risk Financial Institutions

The People's Bank of China (PBOC) has highlighted the removal of all of the country's P2P lending platforms in 2020 as part...

NDRC Flags Active Fiscal Policy, Increased Spending on New Infrastructure in 2021

China's chief planning authority has outlined a raft of its policy intentions for 2021, as the national economy continues to recover from...

China’s GDP Breaches 100 Trillion Yuan Threshold after Posting 2.3% Growth in 2020, Disposable Income up 4.7%

Official data points to growth of over 2% in Chinese GDP in 2020 despite the adverse economic impacts of the COVID-19 pandemic....

China Bans Banks from Selling Depository Products via Third Party Online Platforms

Beijing has issued a new directive which further steps up pressure on the sale of depository products via online fintech platforms, after...