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China Banking Association data show 31 consumer finance companies held total assets of 1.48 tln yuan, up 7.18% YoY, with loan balances of 1.43 tln yuan at end-2025, up 6.85% YoY. Firms disbursed 5.24 tln yuan in personal consumer loans in 2025 and re

2026-07-29

China Banking Association data show 31 consumer finance companies held total assets of 1.48 tln yuan, up 7.18% YoY, with loan balances of 1.43 tln yuan at end-2025, up 6.85% YoY. Firms disbursed 5.24 tln yuan in personal consumer loans in 2025 and recorded 581 mln customer interactions. They launched 255 tailored products, producing 278.6 bln yuan of new lending and reaching 38.3 mln customers.

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2026-07-29

State Post Bureau spokesperson Hu Kai said the bureau will, on a locality-by-locality basis, push construction of county-level parcel public distribution centers and strengthen village-level comprehensive delivery service stations to improve rural pa

State Post Bureau spokesperson Hu Kai said the bureau will, on a locality-by-locality basis, push construction of county-level parcel public distribution centers and strengthen village-level comprehensive delivery service stations to improve rural parcel and logistics integration. The bureau will encourage regions able to create rural parcel logistics public-service jobs and boost rural postal service satisfaction. Aligned with the 15th Five-Year Plan, postal services will support regional coordinated development and metropolitan clusters, participate in the Western Land–Sea New Corridor, open northerly delivery channels from the Northeast, accelerate digitization of postal and express infrastructure in central China, and promote postal modernization in the eastern region.
2026-07-29

Iran's deputy foreign minister warned Tehran would consider taking "any action," including restarting a war, to maintain control of the Strait of Hormuz, state-affiliated Fars News reported. He said opening a southern route closer to Oman's coast wou

Iran's deputy foreign minister warned Tehran would consider taking "any action," including restarting a war, to maintain control of the Strait of Hormuz, state-affiliated Fars News reported. He said opening a southern route closer to Oman's coast would mean Iran "could no longer exercise sovereignty," and added any European vessel seeking to approach the strait would be "our lawful target."
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