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Economy
Economy
Banking
Chinese Central Bank Calls for Renminbi Internationalisation to Become National Strategy, Says Time Is Right for Capital Account Liberalisation
CBNEditor
-
April 21, 2021
Banking
Renminbi Internationalisation and Digitisation Does Not Have the Goal of Supplanting the Greenback: Chinese Central Bank
CBNEditor
-
April 20, 2021
Banking
Chinese Central Bank Commits to More Policy Support for Carbon Targets, Warns of Risk Arising from Transition Away from Fossil Fuels
CBNEditor
-
April 19, 2021
Economy
Actually Used Foreign Investment in China Rises Nearly 40% in First Quarter, New Foreign Invested Enterprises up 47.8%
CBNEditor
-
April 16, 2021
Economy
China’s Q1 GDP Surges 18.3% YoY, Two Year Average Growth Rate at 5.0%
CBNEditor
-
April 16, 2021
Banking
MLF Rates Remain Unchanged for 13th Consecutive Month as Chinese Monetary Policy Stresses Stability
CBNEditor
-
April 16, 2021
0
The Chinese central bank's open market operations (OMO) have kept the rate for medium-term instruments unchanged for over a year, with analysts...
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Economy
Chinese Central Bank Frets over Population Change, Calls for Removal of Family Restrictions and Spurring Fertility Rates
CBNEditor
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April 16, 2021
0
The People's Bank of China (PBOC) has weighed on on matters usually beyond its remit as a monetary authority and central bank...
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Banking
Chinese Central Bank Appoints 48 Year-old Deputy Mayor of Chongqing as New Deputy Governor
CBNEditor
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April 14, 2021
0
The People's Bank of China (PBOC) has just expanded its senior leadership cohort with the addition of a new deputy governor drawn...
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Economy
Chinese CPI Bounces Back into Positive Territory in March
CBNEditor
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April 14, 2021
0
China's consumer price index (CPI) resumed positive YoY growth in March, as the domestic economy continues to recover from the impacts of...
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Banking
Renminbi Lending Increases USD$1.17 Trillion in First Quarter of 2021
CBNEditor
-
April 14, 2021
0
Chinese banks extended over USD$1.1 trillion in new loans in the first quarter of 2021 according to the latest data from the...
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Banking
Bank of Jiangsu Becomes First Lender in China to Launch Carbon Neutrality Financing Campaign
CBNEditor
-
April 14, 2021
0
Bank of Jiangsu has become the first lender in China to launch a carbon neutrality campaign as part of efforts to expand...
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Banking
PBOC Commits to Preventing Loan Funds from Seeping into Property Market, Warns of Organised Criminal Activity in Some Cities
CBNEditor
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April 13, 2021
0
The Chinese central bank has reiterated the need to prevent the illicit use of funds from bank loans for investment in the...
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Banking
CBIRC Orders Big State-owned Banks to Increase Financial Inclusion Small Business Loans by over 30% in 2021
CBNEditor
-
April 13, 2021
0
The Chinese banking regulator has set ambitious new targets for growth in financial inclusion loans made by big state-owned lenders to small...
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Banking
PBOC Commits to Stable Monetary Policy as Enterprise Loan Interest Rates Drop to Record Low, Commercial Lenders See First Profit Decline Since 2003
CBNEditor
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April 13, 2021
0
The People's Bank of China (PBOC) has reiterated its commitment to stable monetary policy following the release of key financial data for...
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Economy
Still No Schedule for Official Launch of Digital Renminbi a Year After Start of Testing: Chinese Central Bank
CBNEditor
-
April 13, 2021
0
A senior official from the Chinese central bank says that there is still no formal timetable for the official launch of the...
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Economy
Ex-PBOC Deputy Governor Warns of “Biden’s Overheating” and “Sword of Inflation” After Unveiling of USD$1.9T Stimulus Package
CBNEditor
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April 12, 2021
0
One of China's leading economists has warned of the major risk implications of the mammoth USD$1.9 trillion stimulus package unveiled by the...
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Economy
Paypal Founder Peter Thiel Worries Bitcoin Could Be Financial Weapon for China Despite Domestic Ban
CBNEditor
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April 11, 2021
0
One of America's leading tech entrepreneurs believes that China could use the Bitcoin cryptocurrency as a "financial weapon" against the US should...
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Latest stories
Chinese Central Bank Calls for Renminbi Internationalisation to Become National Strategy, Says Time Is Right for Capital Account Liberalisation
Banking
CBNEditor
-
April 21, 2021
0
A senior official from the Chinese central bank has called for greater prioritisation of efforts to internationalise the usage of the renminbi,...
Read more
Chinese Central Bank Will Help Strengthen Green Financing Initiatives Abroad: Yi Gang
Banking
CBNEditor
-
April 21, 2021
0
The head of the Chinese central bank has flagged plans to strengthen green financing for projects and partnerships in relation to the...
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Zhou Xiaochuan Says Development of Central Bank Digital Currency Will Not Lead to Creation of Unified Global Money
Banking
CBNEditor
-
April 20, 2021
0
The former head of the Chinese central bank has highlighted the challenges faced by efforts to achieve cross-border usage of central bank...
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Citigroup Plans Expansion into China’s Securities and Futures Sectors
Banking
CBNEditor
-
April 20, 2021
0
US banking giant Citigroup hopes to expand its footprint in the Chinese financial sector via the acquisition of licenses for a range...
Read more