China’s Regulator Orders Banks to Boost Consumer Spending

March 14, 2025

Catenna, Friday, March 14, 2025- China’s financial regulator on Friday ordered banks and other financial institutions to encourage more consumer financing and properly relax consumer credit quotas and loan terms to increase consumer spending in China. The National Financial Regulatory Administration (NFRA) said banks should lend more and also find ways to help borrowers who […]