07 February 2020 – Required banks to relax mortgage and credit card repayment rules

Intervention Categories: Legal and policy; Regulatory change; Finance policy and financial aid; Monetary and macro-financial policy
Level of Jurisdiction: National

Overview: The Ministry of Finance announced that banks would be required to relax rules for mortgages, personal credit card repayment arrangements, and insurance protection.
Full details here: http://www.scio.gov.cn/xwfbh/xwbfbh/wqfbh/42311/42494/wz42496/Document/1672849/1672849.htm