Wednesday, October 28, 2020
Tags Chinese money multiplier

Tag: Chinese money multiplier

Rare Combination of High Money Multiplier and Low Excess Reserves Could Signal Economic Recovery for China

A leading analyst says that the rare combination of a record high money multiplier with low excess reserves signals the ongoing recovery...

China’s Money Multiplier Rises to Record High of 7.15 at End of July

The latest official data indicates that China's money multiplier further rose to another record high at the end of July.

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Jack Ma’s Ant Group Valued at over $313 Billion by IPO Pricing

The pricing for Ant Group's upcoming IPO in Hong Kong and Shanghai puts the value of the fintech giant at 2.1 trillion...

Yangtze River Delta Digital Financial Data Centre Will Issue Digital Renminbi

A new fintech institution launched in the eastern Chinese economic hub of the Yangtze River Delta will play a key infrastructure role...

Digital Renminbi Could Evolve into Global Currency: Ex-Bank of China Chief

Li Lihui (李礼辉), the former head of the Bank of China, believes that the development of the digital renminbi could pave the...

Further Opening of Financial Sector Is Inevitable: Chinese Central Bank Chief

Yi Gang (易纲), the governor of the People's Bank of China (PBOC), has highlighted the external opening of the Chinese financial sector...