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India's Gen Z Borrows To Spend, Chinese Gen Z Saves To Survive
39% of Gen Z reportedly borrowed money for necessities like rent, groceries, and utilities in 2024.
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US Warned Others To Avoid Loans From Chinese State Banks But Excluded Itself
For years, Washington has been warning others not to trust loans from Chinese state banks fueling its rise as a superpower. But the US is the biggest recipient of all by far. The security and technology implications have yet to be fully understood.
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Chinese Man Turns To Media To Track Down Ex-Girlfriend, Repay $1,400 She Lent Him To Start Business
Li's wife has expressed her full support for his mission, stating she is "not jealous" and wants him to return the money.
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Xi Jinping Seeks Development Bank For SCO To Counter US-Led System
Chinese President Xi Jinping said China would accelerate the creation of an SCO development bank on Monday at the summit of the Shanghai Cooperation Organization in Tianjin, as he seeks to expand the organization's influence and scope.
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26 Chinese Nationals Arrested Over Illegal Loan Practices By Thai Police
Thai police said they arrested 26 Chinese nationals on Saturday on suspicion that they were running an illegal online loan operation.
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Paralysed Chinese Woman Marries 'Doctor' During Her Rehab. This Happens Next
A paralysed Chinese woman, who fell in love with and married a "doctor" during her rehabilitation, suffered the betrayal of her life when he disappeared with a loan amount of over Rs 3.5 crore (US$420,000).
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China Pledges Another $51 Billion For Debt-Distressed Africa - New Debt Trap?
Chinese President Xi Jinping today pledged to step up China's support across the debt-distressed African continent with funding of nearly $51 billion, backing for more infrastructure initiatives and a promise to create at least 1 million jobs.
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Pakistan Fear Mounts As Final Outcome Of Loan Talks With China Appears Bleak
Concerns are escalating within Pakistan's financial sector as negotiations with Chinese authorities over rescheduling energy sector loans have encountered complications, Dawn reported.
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Chinese National Seeks To Return to Country, High Court Cites Pending Trial
The Karnataka High Court has dismissed a petition filed by a Chinese national accused in alleged loan app scams, seeking permission to travel back to her country pending trial on the grounds of meeting her ailing father.
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Chinese Woman Claims She Was Pressured By Employer To Take Rs 2.9 Lakh Loan For A Nose Job
"Everything happened so quickly that I did not even get a chance to refuse," she said.
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Chinese Loan App Sent Morphed Porn To Debtors' Families, India Head Arrested
The Economic Offence Wing (EOW) of Odisha Police arrested the India head of a Chinese earning App involved in an online ponzi scam, an official statement said.
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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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Online Loan Racket Using Chinese App Busted At Delhi Call Centre
Eighteen people of a East of Kailash-based call centre, which operated under the guise of a financial company, were apprehended for allegedly defrauding people after giving them loans at low interest rates through a Chinese mobile application.
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Bangladesh Careful About Chinese Loans, Says Prime Minister Sheikh Hasina
Bangladesh PM Sheikh Hasina said her government was "very much careful" about issues of development partnership with China and Dhaka was not dependent on any particular country for overseas assistance, amid global concerns over debt to Beijing.
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Probe Agency Files Chargesheet Against Razorpay In Money Laundering Case
The Enforcement Directorate said it has filed a charge sheet against payment gateway Razorpay, three fintech companies controlled by Chinese nationals, and as many NBFCs and some others in a money laundering probe linked to Chinese loan apps.
-
India's Gen Z Borrows To Spend, Chinese Gen Z Saves To Survive
39% of Gen Z reportedly borrowed money for necessities like rent, groceries, and utilities in 2024.
-
US Warned Others To Avoid Loans From Chinese State Banks But Excluded Itself
For years, Washington has been warning others not to trust loans from Chinese state banks fueling its rise as a superpower. But the US is the biggest recipient of all by far. The security and technology implications have yet to be fully understood.
-
Chinese Man Turns To Media To Track Down Ex-Girlfriend, Repay $1,400 She Lent Him To Start Business
Li's wife has expressed her full support for his mission, stating she is "not jealous" and wants him to return the money.
-
Xi Jinping Seeks Development Bank For SCO To Counter US-Led System
Chinese President Xi Jinping said China would accelerate the creation of an SCO development bank on Monday at the summit of the Shanghai Cooperation Organization in Tianjin, as he seeks to expand the organization's influence and scope.
-
26 Chinese Nationals Arrested Over Illegal Loan Practices By Thai Police
Thai police said they arrested 26 Chinese nationals on Saturday on suspicion that they were running an illegal online loan operation.
-
Paralysed Chinese Woman Marries 'Doctor' During Her Rehab. This Happens Next
A paralysed Chinese woman, who fell in love with and married a "doctor" during her rehabilitation, suffered the betrayal of her life when he disappeared with a loan amount of over Rs 3.5 crore (US$420,000).
-
China Pledges Another $51 Billion For Debt-Distressed Africa - New Debt Trap?
Chinese President Xi Jinping today pledged to step up China's support across the debt-distressed African continent with funding of nearly $51 billion, backing for more infrastructure initiatives and a promise to create at least 1 million jobs.
-
Pakistan Fear Mounts As Final Outcome Of Loan Talks With China Appears Bleak
Concerns are escalating within Pakistan's financial sector as negotiations with Chinese authorities over rescheduling energy sector loans have encountered complications, Dawn reported.
-
Chinese National Seeks To Return to Country, High Court Cites Pending Trial
The Karnataka High Court has dismissed a petition filed by a Chinese national accused in alleged loan app scams, seeking permission to travel back to her country pending trial on the grounds of meeting her ailing father.
-
Chinese Woman Claims She Was Pressured By Employer To Take Rs 2.9 Lakh Loan For A Nose Job
"Everything happened so quickly that I did not even get a chance to refuse," she said.
-
Chinese Loan App Sent Morphed Porn To Debtors' Families, India Head Arrested
The Economic Offence Wing (EOW) of Odisha Police arrested the India head of a Chinese earning App involved in an online ponzi scam, an official statement said.
-
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.
-
Online Loan Racket Using Chinese App Busted At Delhi Call Centre
Eighteen people of a East of Kailash-based call centre, which operated under the guise of a financial company, were apprehended for allegedly defrauding people after giving them loans at low interest rates through a Chinese mobile application.
-
Bangladesh Careful About Chinese Loans, Says Prime Minister Sheikh Hasina
Bangladesh PM Sheikh Hasina said her government was "very much careful" about issues of development partnership with China and Dhaka was not dependent on any particular country for overseas assistance, amid global concerns over debt to Beijing.
-
Probe Agency Files Chargesheet Against Razorpay In Money Laundering Case
The Enforcement Directorate said it has filed a charge sheet against payment gateway Razorpay, three fintech companies controlled by Chinese nationals, and as many NBFCs and some others in a money laundering probe linked to Chinese loan apps.
