Saturday, January 23, 2021
Tags Yu Yongding

Tag: Yu Yongding

Yu Yongding Pessimistic About Growth Due to Fixed Investment Slowdown

One of China's top economists says that hopes for a stabilisation in Chinese GDP growth are unfounded given an intractable slowdown in fixed-asset investment. Many...

Financing Costs for Private Enterprise Still Excessively High: Yu Yongding

One of China's most influential economists says that problems with the banking sector are impeding its ability to service private enterprises and the real...

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Users of Everbright’s Cloud-Driven Utilities Payment Platform Exceeded Half a Billion in 2020

China Everbright Bank has seen users of its cloud-based utilities payments service surge in 2020, as the COVID-19 pandemic drove sharp gains...

China Unlikely to See Real Estate Loan Rates Decline in 2021 as LPR Holds Steady for Ninth Month Straight

Domestic analysts say that Chinese banks are unlikely to significantly reduce rates for real estate loans in 2021, as regulators continue to...

Chinese Central Bank Unveils Anti-Trust Measures Permitting Break up of Third-Party Payments Platforms

The People's Bank of China (PBOC) will have the power to recommend the dismantling of third party payments platforms under new measures...

Pinduoduo Owner Applies for Payments Trademark

A major shareholder in NASDAQ-listed agricommerce platform Pinduoduo has applied with Chinese authorities to register a Pinduoduo-related payments trademark.