Thursday, April 22, 2021
Tags Chinese property market

Tag: Chinese property market

PBOC Commits to Preventing Loan Funds from Seeping into Property Market, Warns of Organised Criminal Activity in Some Cities

The Chinese central bank has reiterated the need to prevent the illicit use of funds from bank loans for investment in the...

PBOC Commits to Stable Monetary Policy as Enterprise Loan Interest Rates Drop to Record Low, Commercial Lenders See First Profit Decline Since 2003

The People's Bank of China (PBOC) has reiterated its commitment to stable monetary policy following the release of key financial data for...

China’s Banking Regulator Targets Illicit Flow of Business Loans into Property Market

The China Banking and Insurance Regulatory Commission (CBIRC) has announced a crack down on the illicit flow of funds obtained via business...

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Chinese Central Bank Calls for Renminbi Internationalisation to Become National Strategy, Says Time Is Right for Capital Account Liberalisation

A senior official from the Chinese central bank has called for greater prioritisation of efforts to internationalise the usage of the renminbi,...

Chinese Central Bank Will Help Strengthen Green Financing Initiatives Abroad: Yi Gang

The head of the Chinese central bank has flagged plans to strengthen green financing for projects and partnerships in relation to the...

Zhou Xiaochuan Says Development of Central Bank Digital Currency Will Not Lead to Creation of Unified Global Money

The former head of the Chinese central bank has highlighted the challenges faced by efforts to achieve cross-border usage of central bank...

Citigroup Plans Expansion into China’s Securities and Futures Sectors

US banking giant Citigroup hopes to expand its footprint in the Chinese financial sector via the acquisition of licenses for a range...