Thursday, October 22, 2020
Tags Non-performing assets

Tag: Non-performing assets

China’s Non-performing Loans Could Hit Historic Peak of 3 Trillion Yuan by 2020

The head of China's biggest financial asset management company in terms of total assets sees the country's non-performing loans rising to a record high...

Chinese Banks Set to Accelerate Disposal of NPL’s, Debt-Equity Swaps of Limited Effect

One of China's leading state-owned asset management companies expects commercial banks to moderately expand their disposal of non-performing loans this year, pointing to the...

BOC Launches Two Issues of Non-performing Asset Backed Securities

Bank of China launched its first two issues of non-performing asset backed securities at the end of March, including the lender's first issue of securitised...

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Chinese Central Bank Helps Crack Cross-border Gambling Case Involving Tether Stablecoin

The People's Bank of China (PBOC) has just helped local authorities in the Guangdong province city of Huizhou to crack a cross-border...

Chinese Central Bank’s Digital Currency Research Institute Enters Strategic Cooperation with China’s Rural Credit Clearing Centre

The Digital Currency Research Institute of the People's Bank of China (PBOC) has entered a strategic cooperative agreement with the Rural Credit...

Chinese Housing Prices Enter the “10,000 Yuan Era”

Domestic analysts say that the Chinese housing market has just seen average prices rise permanently above the threshold of 10,000 yuan (approx....

NDRC Is “Confident” Chinese Economy Will Meet Annual Targets for 2020, Says Employment Has Risen Nearly 9M Since Start of Year

China's National Development and Reform Commission (NDRC) says it is confident that the Chinese economy will satisfy the full-year targets set by...