Rural community credit ratings

The biggest issue that rural lenders face is security. Ownership certification is not well developed, frustrating the process of collateralising loans. However, a new trend, visible in many rural areas, is underway: rural financial institutions are building personal credit records and using community credit guarantee schemes to securitise debt. Rural Credit Co-operatives (RCCs), county and township-level governments, microcredit companies (MCCs) and township banks have all started to keep credit records on institutional and personal borrowers.

China Confidential Funds

China Confidential Funds, a new research service launched by FT China Confidential, is dedicated to illuminating the mainland fund industry. Our team of fund industry experts in Shanghai search out the interesting trends in fund performance, strategy, interactions with overseas funds, regulatory changes, distribution and management. We also use a proprietary system to track the emerging flows of Chinese money. Click here to find out more.

Other Articles on this Issue

• Financial China

  Mini-boom in grassroots finance

  Select financial charts

  Village and town banks – part of the future?

  Microcredit companies find their feet

• Macro View

  Another big China debate

• The Best of Chinese Commentators

  A-share outlook

  Exchange rate reform?

• Funds Data

  Flows to Taiwan surge

• The Big Call

  Rural China starts to take off

• Consumer China

  A new consumer cohort

  Johnson & Johnson's Dabao – universal winner

  Chongqing Chang'an Automobile

  TCL Corporation - TV giant

  Henan Huaying – recent listing boosts production capacity

  Xtep – popular with discretionary rural consumers

  Anta - growing margins

• Capital Intensive China

  Farmland sales – a quiet revolution

• Guest Column

  Growing trade ties with Latin America

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