Wednesday, January 20, 2021
Tags Online lending

Tag: Online lending

Online Lending Platforms Struggle Due to Security Concerns

Online lending platforms in China have seen a decline in total transactions following dozens of closures. Data from Rong360 indicates that the online lending sector...

CBRC Tightens the Screws on Internet Lending by Private Banks

China's banking regulator plans to step up regulatory requirements for the online lending activities of the country's private banks. CBRC issued the draft version of...

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Beijing Aims for Internet of Things Security Standards by 2022

The Chinese central government says it will drive the creation of security standards for Internet of Things (IoT) technology in China over...

TikTok’s Chinese Counterpart Confirms Addition of Online Payments Function

Douyin, the Chinese counterpart to social media giant TikTok, has confirmed that it is now capable of providing payments functions following the...

China’s Loan Prime Rate Unchanged for Nine Straight Months in January

Chi­na’s loan prime rate (LPR) has re­mained un­changed for the ninth consecutive month in January 2021.

China’s Financial Sector Saw Added Value Gain of 7% in 2020 to Hit USD$1.3 Trillion

The Chinese financial sector saw a sizeable improvement in its performance in 2020 despite the adverse economic impacts of the COVID-19 pandemic....