Wednesday, October 28, 2020
Tags Central bank

Tag: Central bank

Central Bank Prepares 2 Trillion Yuan in Additional Liquidity for Chinese New Year

China's central bank has approved "provisional reserve fund drawing arrangements" (临时准备金动用安排) on the final trading day of 2017 for the purpose of shoring up...

China Will Accelerate Shift Towards “Twin Pillar” Central Banking Policy

The official news publication of the Chinese central bank has signalled a more rapid shift in its policy framework from quantitative tools towards pricing-based...

China’s New Manufacturing Strategy Seeks to Boost Role of Private Investment

The latest national manufacturing strategy unveiled by China's central government seeks to expand the role of private investment in the sector. The Ministry of Industry...

Chief of China Banking Authority Considered Top Contender for Central Bank Head

Sources close to the matter say that Guo Shuqing, the head of the China Banking Regulatory Commission is one of the top contenders to...

Central Bank Says End Goal of Reserve Ratio Cut is Financial Inclusion

The central bank's flagship news publication is emphasising the significance of its recent reserve ratio cut as a means of raising China's level of...

Benchmark Rate Mistake Highlights the Opacity of China’s Central Bank

A processing error which triggered a sudden spike in one of China's key benchmark rates has highlighted a lack of transparency at Chinese central...

560 Billion Yuan in Central Bank Repos Set to Mature This Week

A total of 560 billion yuan in the Chinese central bank's repo agreements are due this week, triggering market trepidations about near-term liquidity. Data from Bloomberg indicates...

IMF Says China’s Central Bank Needs More Independent Sway Over Rates

The International Monetary Fund said that the Chinese central bank should be granted independent control over interest rates, as well as make monetary policy...

China’s Central Bank Takes Net Liquidity Injections Via MLF to 4 Month High

The People's Bank of China has just taken its net liquidity injections via medium-term lending facilities a four month high following the release of...

PBOC Reprimands 40 Lenders for Interbank Account Violations

As many as 40 banks have received reprimands from the Chinese central bank for violating interbank account regulations, including some of the country's biggest...

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Fake Digital Renminbi Wallets Have Already Emerged on the Chinese Market: Chinese Central Bank

Chinese regulators are already contending with the appearance of fake wallets for the statutory digital currency which is currently undergoing trial operation...

Jack Ma’s Ant Group Valued at over $313 Billion by IPO Pricing

The pricing for Ant Group's upcoming IPO in Hong Kong and Shanghai puts the value of the fintech giant at 2.1 trillion...

Yangtze River Delta Digital Financial Data Centre Will Issue Digital Renminbi

A new fintech institution launched in the eastern Chinese economic hub of the Yangtze River Delta will play a key infrastructure role...

Digital Renminbi Could Evolve into Global Currency: Ex-Bank of China Chief

Li Lihui (李礼辉), the former head of the Bank of China, believes that the development of the digital renminbi could pave the...