Monday, October 26, 2020
Tags Chinese capital account

Tag: Chinese capital account

Central Banker Calls for China to Capitalise on COVID-19 to Drive Capital Account Opening, Renminbi Internationalisation

One of China's senior-most political and banking figures has called for China to take advantage of the opportunities presented by the COVID-19...

Shanghai Will Continue to Open Capital Account: Chinese Central Bank

A senior official from the People's Bank of China (PBOC) has flagged further opening of the capital account the Chinese financial hub...

SAFE Says China Will Continue to Drive Capital Account Opening

The State Administration of Foreign Exchange (SAFE) says that it will continue to drive the "stable and orderly" opening of China's capital...

China Will Accelerate RMB Capital Account Convertibility: PBOC

The Chinese central bank has announced that it will step up efforts to further internationalisation of the renminbi as well as capital account convertibility. Vice-governor...

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China’s Elderly Population Will Exceed 300 Million During 14th Five Year Plan

Data from the Ministry of Civil Affairs (MCA) indicates that China's population of elderly people is on track to approach a third...

Fintech Giant Lufax Pursues USD$2.36 Billion Stateside IPO

Chinese fintech giant Lufax has revealed more details on its plans to pursue an initial public offering (IPO) in the US despite...

China to Increase Qualified Domestic Institutional Investor Quota by around USD$10 Billion

China's forex administration has announced a further increase to the foreign investment quota for qualified domestic institutional investors (QDII).

Zhou Xiaochuan Weighs in on Internationalisation of the Renminbi at 2020 Financial Street Forum

Zhou Xiaochuan, the former head of the Chinese central bank, has voiced his opinions on the near-term prospects for the internationalisation of...