Wednesday, April 17, 2024

Yearly Archives: 2018

China Caps Individual Bank Card Withdrawals at USD$15,000 Per Annum

China's State Administration of Foreign Exchange has stepped up capital account controls with the launch of new regulations that restrict the amount of money...

Chinese Trade Minister Commits to Improved Market Access for Foreign Investors

In an article published by the Chinese Communist Party's leading theoretical journal, trade minister Zhong Shan has pledged to improving conditions for foreign investors...

Caixin’s December PMI Rises to 51.5

The China purchasing managers index prepared by financial news provider Caixin has posted a reading of 51.5 for December 2017. The December reading marks an...

Central Bank Holds Off on Open Market Operations for 7th Consecutive Trading Day

The People's Bank of China has refrained from engaging in any open market operations on Tuesday 2 January, marking the 7th consecutive day that...

Financial Work Conference Flags Greater Scrutiny of Local Government Debt in 2018

China's National Financial Work Conference has indicated that the government will step up its regulation and scrutiny of local government debt in 2018. The National...

PBOC Chief Flags Prudent Monetary Policy, Modest Loan Growth in 2018

The head of the Chinese central bank has emphasised the need to maintain prudent monetary policy and reasonable credit growth in 2018 during his...

PBOC Chief’s 2012 Speech on Capital Account Convertibility Does the Rounds Once More

A speech delivered by Chinese central bank governor Zhou Xiaochuan in 2012 on the issue of China's capital account convertibility has risen to the...

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