Sunday, January 17, 2021
Tags Chinese digital renminbi

Tag: Chinese digital renminbi

Beijing Plans to Launch Digital Renminbi Trials, Digital Wallet System in Free Trade Pilot Zone

The Chinese government has just released new plans for the Beijing free trade pilot zone that outline trials of the Chinese central...

Renminbi Could Be World’s Third Biggest Reserve Currency by 2030: Morgan Stanley Report

A new report from Morgan Stanley sees the renminbi's status as a reserve currency rising over the upcoming decade.

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China’s Biggest Bank Opens up to Applications for Digital Renminbi Wallets in Shenzhen

The Industrial and Commercial Bank of China (ICBC) is making digital renminbi wallets available to consumers in the southern tech hub of...

Chinese Central Bank Outlines Efforts to Improve Execution of Monetary Policy

A senior official from the People's Bank of China (PBOC) has published a paper on its official website outlining current plans to...

Foreign Investors Raise Holdings on China’s Interbank Bond Market by over 1 Trillion Yuan in 2020

The latest data from the Chinese central bank points to a sharp rise in investment by foreign institutional investors on China's interbank...

Shenzhen Finance Sector Sees Total Deposits Exceed 10 Trillion Yuan

Financial institutions based in Shenzhen have just seen their deposit levels rise to record-breaking levels.