Liu Ran

1 month ago | caixinglobal.com | Ding Feng |Liu Ran |Denise Jia

Explore the story in 3 minutesChina's personal lending market is facing severe distress as of 2025, with branch managers of major state-owned banks actively pursuing clients to pay at least the interest on their loans to prevent defaults. The pressures have intensified from concerns in early 2024 into a crisis involving housing mortgages, consumer credit, credit card debt, and small business loans—all experiencing delinquency rates unseen since the 2008 financial crisis.

1 month ago | caixinglobal.com | Ding Feng |Liu Ran |Denise Jia

00:00/00:00 您的浏览器不支持 audio 标签。 Listen to this article 1x Every month, as interest payment deadlines approach, the branch manager of a major state-owned bank in eastern China braces himself.

1 month ago | caixinglobal.com | Liu Ran |Qing Na

00:00/00:00 您的浏览器不支持 audio 标签。 Listen to this article 1x Ant Group Co. Ltd., the fintech giant backed by Alibaba Group Holding Ltd., is seeking a Hong Kong listing for its international unit, Caixin learned from sources with knowledge of the matter. The group is in talks with relevant regulatory bodies over a Hong Kong IPO for Ant International and has received indications that there are currently no policy obstacles, sources close to the group told Caixin.

1 month ago | caixinglobal.com | Wang Liwei |Quan Yue |Liu Ran

上任百日，美国新一任总统唐纳德·特朗普在试图颠覆世界贸易秩序的同时，还在“去监管”的朝向中，重塑美国的金融秩序，从限制各类监管机构独立性的行政令，到不断掀起惊涛骇浪的个人言论，最终落实到取向鲜明的监管高层人事任命，令全球市场在惊愕与哗然中强震不断。 In his first 100 days in office, the new U.S. President Donald Trump has sought to upend the global trade order and, at the same time, reshape America's financial system with a push for "deregulation." Through executive orders curbing the independence of various regulatory agencies, a steady stream of dramatic and controversial personal remarks, and a series of...

Feb 16, 2025 | caixinglobal.com | Ding Feng |Liu Ran |Zhang Yuzhe |Han Wei

Explore the story in 3 minutesWu Qing, a small garment factory owner in Shandong province, faced a financial crisis as his business deteriorated post-pandemic. He incurred 300,000 yuan in loans for business expansion in 2019, then borrowed another 500,000 yuan through consumer loans and credit cards to sustain his business amidst economic woes.