Tuesday, January 19, 2021
Tags Chinese monetary system

Tag: Chinese monetary system

Chinese Central Bank Releases Official Finance Data for First Half of 2020

The People's Bank of China (PBOC) has just released its official raft of financial data for the first half of 2020, pointing...

Chinese Central Bank Injects 370B Yuan via Three Consecutive Days of Reverse Repos Operations

The People's Bank of China (PBOC) has undertaken 7-day reverse repo operations for three days straight following an absence from the market...

Renminbi Loans Increase by Record Breaking 3.34 Trillion Yuan in January: Central Bank Data

The Chinese central bank has released figures on monetary and credit expansion in the first month of 2020 that point to a...

Chinese Central Bank to Inject 1.2 Trillion Yuan via OMO on 3 February

The People's Bank of China (PBOC) plans to make a hefty liquidity injection via open market operations on 3 February to counteract...

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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...