(Yicai) Dec. 22 -- China's central bank will implement from next year a one-time credit relief measure that will remove small defaults since the Covid-19 pandemic from the credit reports of borrowers ...

Chinese mobile payment platforms Alipay and WeChat Pay have begun allowing users to withdraw money online through credit card cash advances by cooperating with some banks, such as Bank of Ningbo, ...

China’s commercial banks are tightening oversight of clients using credit cards to fund stock investments as small-time investors pour in to catch the nation’s $1 trillion market rally. Lenders ...

As Beijing pushes consumer lending to stimulate the economy, millions of Chinese borrowers, especially the young, are falling into debt spirals. By Li Yuan China is a nation of savers. The Chinese ...

China’s credit expansion picked up modestly in November from a year ago but loan growth disappointed, underlining anemic ...

Fitch cuts China's credit rating by one notch to 'A' Cites rapidly rising debt, worsening public finances China ramps up stimulus to shield economy from US tariffs Finance ministry describes Fitch ...