Sunday, October 25, 2020
Tags Chinese negative interest rates

Tag: Chinese negative interest rates

China’s Top Banking Regulator Says No Irrigation Stimulus, Deficit Monetisation or Negative Interest Rates

The senior-most official in China's banking system has flagged fiscal and monetary restraint despite the economic impacts of the COVID-19 pandemic.

Digital Currency Can Help Chinese Central Bank Drive Interest Rates into Negative Territory During COVID-19 Pandemic

The founder of one of China's leading fintech associations has highlighted the ability of a statutory digital currency to help central banks...

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Fintech Giant Lufax Pursues USD$2.36 Billion Stateside IPO

Chinese fintech giant Lufax has revealed more details on its plans to pursue an initial public offering (IPO) in the US despite...

China to Increase Qualified Domestic Institutional Investor Quota by around USD$10 Billion

China's forex administration has announced a further increase to the foreign investment quota for qualified domestic institutional investors (QDII).

Zhou Xiaochuan Weighs in on Internationalisation of the Renminbi at 2020 Financial Street Forum

Zhou Xiaochuan, the former head of the Chinese central bank, has voiced his opinions on the near-term prospects for the internationalisation of...

PBOC Launches Fintech Research Centre, Calls for “Comprehensive Increase” in China’s Fintech Competitiveness and Influence

A senior official from the People's Bank of China (PBOC) has called for the country to further drive efforts for the development...