Workers sorting out packages for delivery at JD.com's Yizhuang Smart Delivery Station in Beijing on November 11, 2020. Photo: Simon Song Workers sorting out packages for delivery at JD.com's Yizhuang Smart Delivery Station in Beijing on November 11, 2020. Photo: Simon Song
Workers sorting out packages for delivery at JD.com's Yizhuang Smart Delivery Station in Beijing on November 11, 2020. Photo: Simon Song
Central Banks

China’s central bank wants a say in fintech’s future as it grants new personal credit ratings license to state venture with internet firms

  • The People’s Bank of China gives the green light to Pudao Credit Rating, a venture between Beijing Financial Holdings Group with JD Digits and Xiaomi
  • The move highlights the urgency to increase the scrutiny of online lending, whose sprawling growth has raised concern among top leaders

Topic |   Central Banks
Workers sorting out packages for delivery at JD.com's Yizhuang Smart Delivery Station in Beijing on November 11, 2020. Photo: Simon Song Workers sorting out packages for delivery at JD.com's Yizhuang Smart Delivery Station in Beijing on November 11, 2020. Photo: Simon Song
Workers sorting out packages for delivery at JD.com's Yizhuang Smart Delivery Station in Beijing on November 11, 2020. Photo: Simon Song
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