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CHINESE LENDING
On This Day in History, June 10: Troy falls, Italy enters WWII, Jurassic Park premieres, Thatcher wins for 3rd time, FIFA World Cup opens and other key eventsOn This Day in History, June 10 witnessed events that ranged from the legendary destruction of Troy and the birth of Gothic architecture to...- China bets on AI to promote President Xi Jinping's thinkingThe project, known as "Xinhua Yudian," meaning Xinhua lexicon, is "an intelligent agent for learning, researching, and disseminating Xi Ji...
- China out, India in? The Japanese begin a quiet but powerful pivotJapanese banks are increasingly shifting their Asia strategy from China to India and Southeast Asia as slowing growth, rising costs and geo...
- Global Market: China holds rates steady as markets await fresh stimulus signalsChina's central bank has kept its key lending rates unchanged for the twelfth month. This signals caution from policymakers despite signs o...
- China's credit growth slips below estimatesApril marked a significant slowdown in China's credit growth, tumbling below projections. Banks curtailed the issuance of new loans, while ...
- What is really driving copper futures to record highs? Copper prices just broke every record as AI data center boom fuels global supply crunchCopper prices are soaring aggressively in 2026 as copper futures smash record highs above $14,000 per ton and COMEX copper crosses $6.50 pe...
- Chinese Proverb of the Day: 'To hit a dog with a meat-bun, so it leaves never turning around'—The Chinese Proverb that warns against what you can’t get backChinese Proverb of the Day: A Chinese proverb, "To hit a dog with a meat-bun, so it leaves never turning around," warns against irreversibl...
- Eternal Q4 pops; Snabbit's new war chestZomato and Blinkit parent Eternal reported strong numbers for the March quarter. This and more in today's ETtech Top 5.
- Acko's $250 million IPO; Infosys' market cap plungeNew-age insurer Acko will soon confidentially file draft papers for its stock market debut. This and more in today's ETtech Top 5.
- A single question from Dianna Russini to Mike Vrabel has blown the whole scandal wide openAn old interview question from Dianna Russini to Mike Vrabel about his wife has resurfaced amid scandal. Photos of the two together have ra...
- Paytm’s cap table turns Indian: What changes now?Domestic investors now own 50.3% of the digital payment firm's equity, marking a transition to majority Indian ownership and control. This ...
- Pakistan says all options on table for funding, weighs strategic fuel reservePakistan is exploring various financing options, including Eurobonds and commercial debt, to replace a $3.5 billion UAE facility and bolste...
- Digital lender Kreditbee in unicorn club with $280 million at $1.5 billion valuationDigital lending firm Kreditbee has raised $280 million, becoming a unicorn with a $1.5 billion valuation. This funding marks their last pri...
- China's lending to Africa rises for first time in seven years, study showsChinese lenders approved $4.61 billion in loans to Africa in 2023, according to Boston University. This marks the first increase since 2016...
- IT, Home Ministries and RBI to decide on steps post loan app ban; fintech firms seek clarityFounders of several lending platforms met officials of the Ministry of Electronics & Information Technology (MeitY) in New Delhi on Tuesday...
- Ghana faces economic distress: The role of Chinese lendingThe country’s finance ministry announced a suspension of all debt service payments on external govt debts, including foreign currency bonds...
- Home Ministry asks states, UTs to take urgent action against predatory Chinese lending appsIt said a large number of complaints have been reported across India related to illegal digital lending apps that provide short-term loans ...
- 426 'rogue' lending apps currently on Play Store: Citizens' collectiveMany of these apps, researchers say, indulge in "abusive lending practices” and seek wide-ranging intrusive permissions from users.
- Chinese lenders out for a taste of IndiaWhile India’s rapidly growing fintech sector appears greener to the Chinese companies because of a regulatory clampdown back home, domestic...
- Chinese banks distort lending figures: FitchChinese lending in the first half of 2010 has been understated by nearly $200 billion as banks secretly shift loans off their books to meet...
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