BEIJING/SHANGHAI (Reuters) -China's internet platforms are quietly reviving consumer lending, taking Beijing's push to make household borrowing cheaper as a signal that regulators may be easing a ...
BEIJING (Reuters) -Chinese banks are struggling to comply with new Beijing guidelines to boost consumer credit as they reel from a surge of defaults on personal loans and have a hard time finding ...
Chinese banks saw a surge in consumer NPLs in 2024 Regulators are now pushing them to lend even more to households Bankers say they are struggling to find borrowers Reticence risks undermining Beijing ...
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