Monday, December 6, 2021

Chinese Central Bank Hails Integration of Blockchain Technology with Digital Renminbi

A senior official from the People's Bank of China (PBOC) has touted efforts to incorporate blockchain technology with the digital renminbi applications. Di Gang (狄刚),...

China Plans to Ban Banks and Insurers from Derivative Trading with Retail Clients

China's financial authorities plan to ban banking and insurance sector financial institutions from providing over-the-counter (OTC) derivatives trading services to retail clients or for...

China’s Central Bank and Banking Regulator Seek to Reassure Markets as Evergrande Fails to Guarantee Debt Repayments

Both the People's Bank of China (PBOC) and the China Banking and Insurance Regulatory Commission (CBIRC) have made haste to reassure markets of the...

Six New Rural Commercial Banks Grab Approval from Chinese Regulators in November

Chinese regulators gave their approval to the establishment of six of new rural commercial lenders in the month of November alone, amidst a push...

Nationwide Lenders in China Hasten Home Loan Approvals

A number of China's nationwide banks are loosening the availability of home loans as the government seeks to keep the property market in sound...

Citigroup Hopes to Establish Wholly Owned Investment Bank in China

Wall Street giant Citigroup hopes to return to the Chinese market following the loosening of restrictions on the ownership of domestic financial institutions by...

China Plans to Ban Banks and Insurers from Derivative Trading with Retail Clients

China's financial authorities plan to ban banking and insurance sector financial institutions from providing over-the-counter (OTC) derivatives trading services to retail clients or for...

China’s Central Bank and Banking Regulator Seek to Reassure Markets as Evergrande Fails to Guarantee Debt Repayments

Both the People's Bank of China (PBOC) and the China Banking and Insurance Regulatory Commission (CBIRC) have made haste to reassure markets of the...

Nationwide Lenders in China Hasten Home Loan Approvals

A number of China's nationwide banks are loosening the availability of home loans as the government seeks to keep the property market in sound...

Rental Prices Decline Across Most Chinese Cities in November

Rental prices in the majority of key cities around China posted declines in the month of November. Over 60% out of 40 major cities...

PBOC Seeks to Quell Concern over Ban on Personal Usage of QR Codes for Businesses Purposes

The Chinese central bank has made haste to quell concern over a recent decision to prohibit the use of personal QR codes provided by...

Monetary Policy to Play an Active Role in Driving Xi’s Call for Common Prosperity: PBOC

A senior official from the Chinese central bank has highlighted the role of monetary and financial policy in advancing President Xi Jinping's recent call...