Monday, January 18, 2021
Tags Chinese forex policy

Tag: Chinese forex policy

China’s Foreign Reserves Rise for the Fifth Consecutive Month in August to Four Year High

Official data indicates that China's foreign reserves continued to post gains in the month of August.

Chinese Central Bank Releases Q2 Monetary Policy Execution Report

The Chinese central bank has sent further signals on the future direction of monetary and forex policy in its latest quarterly report, as escalating...

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Chinese Central Bank Hails Eradication of P2P Lending, “Orderly Disposal” of High-risk Financial Institutions

The People's Bank of China (PBOC) has highlighted the removal of all of the country's P2P lending platforms in 2020 as part...

NDRC Flags Active Fiscal Policy, Increased Spending on New Infrastructure in 2021

China's chief planning authority has outlined a raft of its policy intentions for 2021, as the national economy continues to recover from...

China’s GDP Breaches 100 Trillion Yuan Threshold after Posting 2.3% Growth in 2020, Disposable Income up 4.7%

Official data points to growth of over 2% in Chinese GDP in 2020 despite the adverse economic impacts of the COVID-19 pandemic....

China Bans Banks from Selling Depository Products via Third Party Online Platforms

Beijing has issued a new directive which further steps up pressure on the sale of depository products via online fintech platforms, after...