Tuesday, January 19, 2021
Tags Balance of payments

Tag: Balance of payments

Forex Regulator Permits Cash Settlement of Forwards Contracts

China's State Administration of Foreign Exchange has announced that it will permit the cash as well as physical settlement of foreign exchange forwards as...

Foreign Reserve Growth Dwindles to Thinnest Margin Since Feb

China's foreign reserves growth has narrowed to its lowest level since reversing seven-months of consecutive decline in February, due to seasonal factors and a fall...

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Chinese Central Bank Hails Eradication of P2P Lending, “Orderly Disposal” of High-risk Financial Institutions

The People's Bank of China (PBOC) has highlighted the removal of all of the country's P2P lending platforms in 2020 as part...

NDRC Flags Active Fiscal Policy, Increased Spending on New Infrastructure in 2021

China's chief planning authority has outlined a raft of its policy intentions for 2021, as the national economy continues to recover from...

China’s GDP Breaches 100 Trillion Yuan Threshold after Posting 2.3% Growth in 2020, Disposable Income up 4.7%

Official data points to growth of over 2% in Chinese GDP in 2020 despite the adverse economic impacts of the COVID-19 pandemic....

China Bans Banks from Selling Depository Products via Third Party Online Platforms

Beijing has issued a new directive which further steps up pressure on the sale of depository products via online fintech platforms, after...