Chinese Money Lending
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Engineering Student Dies By Suicide Due To Inability To Repay Loan: Cops
A 22-year-old engineering college student allegedly died by suicide here after agents of a Chinese money lending app threatened to make public his intimate photographs on his mobile phone, for not repaying the loan.
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Chinese Firm Lends Money With Nude Photos Of Women As Collateral: Report
A Chinese money-lending platform followed a scandalous practice of demanding nude photos of women as collateral for loans, Chinese media reported.
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China Moves to Free Up Money in Its Economy
The central bank is stepping up an existing effort to stimulate the Chinese economy. The People's Bank of China decided in November to lower its benchmark one-year deposit rate 0.25 percentage point, to 2.75 percent, and reduce the one-year lending rate by 0.4 percentage point, to 5.6 percent.
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China Cuts Key Short-Term Money Rate as Beijing Pushes Down Cash Costs
The reduction of the yield on the 14-day bond repurchase agreement (repo) to 3.4 per cent, from 3.6 per cent, follows a surprise cut to benchmark lending rates on Friday to support the cooling economy, and follows similar moves in October and July as growth wobbled.
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Engineering Student Dies By Suicide Due To Inability To Repay Loan: Cops
A 22-year-old engineering college student allegedly died by suicide here after agents of a Chinese money lending app threatened to make public his intimate photographs on his mobile phone, for not repaying the loan.
-
Chinese Firm Lends Money With Nude Photos Of Women As Collateral: Report
A Chinese money-lending platform followed a scandalous practice of demanding nude photos of women as collateral for loans, Chinese media reported.
-
China Moves to Free Up Money in Its Economy
The central bank is stepping up an existing effort to stimulate the Chinese economy. The People's Bank of China decided in November to lower its benchmark one-year deposit rate 0.25 percentage point, to 2.75 percent, and reduce the one-year lending rate by 0.4 percentage point, to 5.6 percent.
-
China Cuts Key Short-Term Money Rate as Beijing Pushes Down Cash Costs
The reduction of the yield on the 14-day bond repurchase agreement (repo) to 3.4 per cent, from 3.6 per cent, follows a surprise cut to benchmark lending rates on Friday to support the cooling economy, and follows similar moves in October and July as growth wobbled.
