Monday, April 19, 2021
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Tag: Chinese deficit ratio

UBS Chief China Economist Warns Chinese Central Bank against Money Printing

Public debate over whether China should monetise its fiscal deficit in order to help prop up the post-COVID-19 economy continues in the...

Ex-Finance Minister Calls for Lifting China’s Deficit-to-GDP Ratio to 5.8% to Deal with COVID-19 Impacts

Domestic analysts are calling for a rise in China's deficit-to-GDP ratio above the 3% threshold as part of official efforts to keep...

China Debates Monetisation of Deficit to Deal with COVID-19’s Economic Impacts

The prospect of monetisation of China's fiscal deficit as part of measures to enable its economy deal with COVID-19 is triggering strong...

China’s Deficit Ratio Could Rise to 3% Next Year, Public Debt Head to 50% of GDP: Jia Kang

One of China's leading economists says that consideration should be given to lifting the country's deficit ratio to 3% next year in order to...

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China Construction Bank VP Lu Jiajin Expected to Assume Chairmanship of Industrial Bank Following Two Year Vacancy

The vice-president of one of China's big six state-owned banks is tipped to assume the role of chairman of a leading regional...

Chinese Central Bank Researching New Cryptocurrency and Stablecoin Regulations

The People's Bank of China (PBOC) says it is currently in the process of drafting new measures for the regulation of cryptocurrencies...

China Launches Digital Renminbi Trials in 11 Cities, Stages Seven Digital Renminbi Lotteries in Year Following Start of Testing

Pilot schemes for use of the Digital Renminbi have spread to at least ten cities around China a year following the commencement...

Chinese Central Bank Commits to More Policy Support for Carbon Targets, Warns of Risk Arising from Transition Away from Fossil Fuels

The People's Bank of China (PBOC) has reiterated its commitment to green finance initiatives as part of efforts to satisfy the country's...