Thursday, January 28, 2021
Tags Chinese finance

Tag: Chinese finance

China Issued USD$8.87 Trillion in Bonds in 2020 for YoY rise of over 26%: PBOC

The latest data from the Chinese central bank points to a marked rise in bond issuance in 2020 amidst the peak of...

Beijing, Guangdong, Shanghai All Stress Digital Renminbi, Financial Opening in 2021 Government Work Reports

Several of China's biggest regional economies have outlined plans to accelerate digital renminbi trials and financial opening measures in their government work...

China’s Financial Sector Saw Added Value Gain of 7% in 2020 to Hit USD$1.3 Trillion

The Chinese financial sector saw a sizeable improvement in its performance in 2020 despite the adverse economic impacts of the COVID-19 pandemic....

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.

Chinese Central Bank Releases Financial Data for End of 2020 – Renminbi Loans Increased 19.63 Trillion Yuan Last Year

The People's Bank of China (PBOC) has just released its the latest batch of financial data for the end of 2020.

China Will Vie for Title of World’s Financial Centre, Renminbi Could Become Global Reserve Currency: Ray Dalio

The co-chief investment officer of the world's largest hedge fund expects China to emerge as a potential contender for the world's financial...

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.

China to Establish Specialized Financial Court in Beijing

The Chinese central government plans to establish a specialised court to deal with financial cases in Beijing.

First Margin Trades Backed by a Foreign Bank in China Completed by Standard Chartered Following Launch of New QFII Rules

China has just seen the completion of the first batch of margin trades supported by foreign invested banks licensed to conduct domestic...

China Approves Fifth Nationwide Asset Management Company

China is on track to see the launch of its fifth asset management company (AMC) that operates on a nationwide basis following...

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China Issued USD$8.87 Trillion in Bonds in 2020 for YoY rise of over 26%: PBOC

The latest data from the Chinese central bank points to a marked rise in bond issuance in 2020 amidst the peak of...

Beijing, Guangdong, Shanghai All Stress Digital Renminbi, Financial Opening in 2021 Government Work Reports

Several of China's biggest regional economies have outlined plans to accelerate digital renminbi trials and financial opening measures in their government work...

ByteDance’s Douyin to Serve as China Central Television’s Spring Festival Broadcast Partner for 2nd Year Running

TikTok's Chinese counterpart Douyin will be the official partner for the Spring Festival gala show that will be screened by China's state-owned...

China UnionPay Establishes Commanding Presence in South-east Asia’s Digital Payments Market

Payments giant China UnionPay is making bold forays into the digital payment sectors of multiple countries throughout South-east Asia.