Tuesday, December 1, 2020
Tags People's Bank of China

Tag: People's Bank of China

Chinese Central Bank Undertakes 200B Yuan in MLF, 150B Yuan in Reverse Repos on 30 November

The People's Bank of China (PBOC) has announced that it undertook 200 billion yuan in medium-term lending facility (MLF) operations and 150...

Chinese Central Bank Commits to Financial Opening, Warns of Anti-Globalist Sentiment

A senior official from the Chinese central bank has warned of the international resurgence of anti-globalist sentiment, while stating that further opening...

Chinese Central Bank and Hong Kong Monetary Authority Expand Currency Swaps Agreement

The People's Bank of China (PBOC) and the Hong Kong Monetary Authority (HKMA) have extended and expanded their currency swaps agreement.

Chinese Central Bank Undertakes 800 Billion Yuan in One-year Medium-term Lending Facility Operations on 16 November

The People's Bank of China (PBOC) undertook 800 billion yuan in one-year medium-term lending facilities (MLF) operations on Monday 16 November.

China Construction Bank Chief Liu Guiping Appointed Deputy Governor of Chinese Central Bank

The former head of one of China's big six state-owned banks has just been made a senior official with the People's Bank...

Chinese Central Bank Calls for Greater Policy Guidance for Tech Sector Financing

The People's Bank of China (PBOC) has just released a working paper calling for the Chinese government to exercise greater policy guidance...

Legal Changes Expand Power of Chinese Central Bank, Confer Official Recognition to Digital Renminbi

Proposed amendments to the law governing the Chinese central bank are expected to confer it with greater sway and authority within China's...

State Council Cancels Enterprise Bank Account Licensing

China's top government authority has unveiled major changes to the licensing system for the opening of enterprise bank accounts by commercial lenders....

Beijing Plans to Launch Digital Renminbi Trials, Digital Wallet System in Free Trade Pilot Zone

The Chinese government has just released new plans for the Beijing free trade pilot zone that outline trials of the Chinese central...

Chinese Central Bank Announces that Digital Renminbi Is Ready for Deployment

The People's Bank of China (PBOC) has announced via its official news outlet that all preparations have been completed for the launch...

Most Read

Chinese Banks to See 7% Profit Drop in 2020, NPL Ratio Set to Rise to 2%: Bank of China Report

A report from one of China's big state-owned banks foresees a sizeable drop in the profits of the Chinese banking sector as...

Qualified Domestic Institutional Investor Funds Post Bumper Performance in 2020

Qualified domestic institutional investor (QDII) funds in China have seen impressive gains in 2020 despite the global economic impacts of the COVID-19...

Microwave Giant Galanz Sues Guangdong Xinbao Following Industrial Espionage Allegations

A legal dispute has broken out between two leading home appliance makers in Guangdong province following accusations of industrial espionage involving a...

Chinese Banks Suspend Trading of Gold and Platinum Due to Concerns over Post-US Election Price Plunge

A slew of leading Chinese banks have announced the suspension of trading of gold and platinum due to concerns over market volatility...