Friday, April 16, 2021
Tags Rates

Tag: Rates

China’s Central Bank Praises Hike in Home Loan Rates to 10% Above Benchmark

The People's Bank of China has given its support to the latest round of home loan rate hikes by lenders in Beijing, which it...

Chinese Banks Suspend Home Loans as Rate Hikes Continue

At least twenty banks around China haveĀ suspended the provision of loansĀ for first home purchasers as rate hikes across the country continue unabated. The latest data...

Most Read

Chinese Central Bank Appoints 48 Year-old Deputy Mayor of Chongqing as New Deputy Governor

The People's Bank of China (PBOC) has just expanded its senior leadership cohort with the addition of a new deputy governor drawn...

Beijing Cracks Down on Local Finance Platforms, Demands “Peeling Away” of Government Funding Role, Bankruptcies for Insolvent Firms

The State Council of China has issued new regulations concerning the handling of local finance platforms in a bid to stymie their...

Chinese CPI Bounces Back into Positive Territory in March

China's consumer price index (CPI) resumed positive YoY growth in March, as the domestic economy continues to recover from the impacts of...

Renminbi Lending Increases USD$1.17 Trillion in First Quarter of 2021

Chinese banks extended over USD$1.1 trillion in new loans in the first quarter of 2021 according to the latest data from the...