Monday, October 26, 2020
Tags Personal credit

Tag: Personal credit

Banking

Personal Credit Ratings Run Aground on Lack of Qualified Institutions

CBNEditor - 0
The inability of domestic financial institutions to satisfy regulatory requirements is stymieing the development of a personal credit ratings system in China. Wan Cunzhi, head of the...
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Renminbi Internationalisation Will Be Guided by the Market, Regulators Must Reduce Cross-border Restrictions: Chinese Central Bank Head

Economy CBNEditor - 0
The governor of the People's Bank of China (PBOC) has highlighted the key role of market forces in broader efforts to expedite...
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Development of Dual Offline Digital Renminbi Wallets Is Complete: Chinese Central Bank’s Digital Currency Chief

Fintech CBNEditor - 0
The head of the People's Bank of China (PBOC) Digital Currency Research Institute Mu Changchun (穆长春) has revealed details concerning the development...
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China’s Elderly Population Will Exceed 300 Million During 14th Five Year Plan

Economy CBNEditor - 0
Data from the Ministry of Civil Affairs (MCA) indicates that China's population of elderly people is on track to approach a third...
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Fintech Giant Lufax Pursues USD$2.36 Billion Stateside IPO

Fintech CBNEditor - 0
Chinese fintech giant Lufax has revealed more details on its plans to pursue an initial public offering (IPO) in the US despite...
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