Thursday, April 15, 2021
Tags Chinese capital account

Tag: Chinese capital account

China Loosens Capital Account Restrictions for Renminbi Revenue Usage

The Chinese central government has announced the loosening of key capital account restrictions, alongside new measures to facilitate cross-border renminbi transactions.

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...

Most Read

Chinese Central Bank Appoints 48 Year-old Deputy Mayor of Chongqing as New Deputy Governor

The People's Bank of China (PBOC) has just expanded its senior leadership cohort with the addition of a new deputy governor drawn...

Beijing Cracks Down on Local Finance Platforms, Demands “Peeling Away” of Government Funding Role, Bankruptcies for Insolvent Firms

The State Council of China has issued new regulations concerning the handling of local finance platforms in a bid to stymie their...

Chinese CPI Bounces Back into Positive Territory in March

China's consumer price index (CPI) resumed positive YoY growth in March, as the domestic economy continues to recover from the impacts of...

Renminbi Lending Increases USD$1.17 Trillion in First Quarter of 2021

Chinese banks extended over USD$1.1 trillion in new loans in the first quarter of 2021 according to the latest data from the...