China Rapid Finance Limited (“CRF”), China’s largest consumer lending marketplace in terms of number of loans, today announced wide-ranging partnerships with two leading financial institutions that make CRF the first-in-class marketplace to achieve … (…
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China Rapid Finance Clinches Institutional Partners, Expands Investment Round
China’s service industry is back on track and bigger than you think
TD expects strong expansion of the service industry will be critical in achieving the government’s growth target of 6.5 to 7 per cent, as well as ensuring financial stability. Stimulus spending is responsible for much…
Another Financial Warning Sign Is Flashing in China
Add another credit indicator to the financial warning signs flashing in China. The adjusted loan-to-deposit ratio, which includes a range of off-balance sheet items and is an indicator of the banking system’s ability to weather…
China Rapid Finance Announces Partnerships With Sino Guarantee & Bank of Shanghai
Peer-to-peer lender, China Rapid Finance, announced on Tuesday it has formed partnerships with two financial institutions, China United SME Guarantee Corp. (Sino Guarantee) and Bank of Shanghai. The lender stated Sino Guarantee would provide ongoing…
China, France officials vow to further boost economic, financial ties
Chinese Vice Premier Ma Kai and French Finance Minister Michel Sapin have co-chaired the fourth China-France High Level Economic and Financial Dialogue. Chinese Vice Premier Ma Kai (L), who is in Paris for the fourth…
Rise of the robo-adviser in mainland finance
They provide customized investment advice to individual investors based on big data and artificial intelligence, and their momentum of growth has picked up in China as a batch of internet companies and traditional financial institutions…
Cash-strapped Beijing Times to stop publishing at end of year
A prominent Beijing-based newspaper will be closed down permanently by the end of this year, amid a harsh business environment for print media on the mainland. The Beijing Times announced on Sunday that the paper’s…
Beijing’s ruling amounts to a purge of dissident voices from Hong Kong’s legislature
Suddenly, in the wake of Beijing’s most recent interpretation of the Basic Law, it seems everybody—from retired civil servants to taxi drivers—is a legal expert poised to launch a judicial review. Indeed, so far all…
U.S. should consider Beijing-backed Asia-Pacific trade deal: China paper
BEIJING U.S. President-elect Donald Trump’s administration should consider supporting a Beijing-backed free trade deal in the Asia-Pacific, state media said on Tuesday, adding that China would be relieved to see a rival U.S.-led trade deal…
Beijing should have left Hong Kong courts to rule first on oath-taking lawmakers
Hong Kong is a miracle in many ways. Its judiciary is world-class and its government systems work. With a transport system that is among the world’s best, it is home to more than 7 million…
What was Beijing really up to with its Basic Law interpretation?
The abrupt interpretation of Article 104 of the Basic Law by the National People’s Congress Standing Committee (NPCSC) triggered a new round of political confrontation between Beijing and the pan-democrats. Beijing decided to pre-empt the…
Beijing harasses independent candidates for low-level offices
Liu Huizhen, a petite, soft-spoken farmer’s daughter who wants to serve her community, might seem an unlikely threat to China’s all-powerful Communist Party. Yet, as Chinese vote yesterday for low-level representatives, authorities have responded to…
Canadian students need to go to China, but they need help getting there
Chardaye Bueckert was sitting on a train hurtling toward Beijing after a day spent marvelling at the Ming-era walls of Pingyao when she started thinking about Alberta. Travelling at up to 250 km/h, the electric…