Thursday, January 28, 2021
Tags Chinese renminbi internationalisation

Tag: Chinese renminbi internationalisation

Over 70 Central Banks Include Renminbi in Foreign Reserves, COVID-19 Brings Opportunities for Further Internationalisation

A new report from the Chinese central bank indicates that offshore usage of the renminbi is on the increase, although its share...

Chinese Central Bank Commits to Internationalisation of the Renminbi

A new report from the Chinese central bank points to increasing offshore usage of the renminbi in 2019.

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Ant Group Submits Blueprint for Conversion into Financial Holding Company to Chinese Authorities

Jack Ma's beleaguered Ant Group plans to deal the concerns of Chinese regulators about its business operations by converting itself into a...

China Construction Bank Issues over $3 Billion in Small Business Loan Bonds

One of China's big state-owned banks plans to step up financial inclusion lending with the proceeds of its latest bond issue.

Banks Behind over 90% of China’s 80 Fintech Sandbox Projects

Banking sector financial institutions have emerged as the main force behind projects included in the fintech regulatory "sandboxes" launched by multiple cities...

Chinese Central Bank’s Credit Reference Center Amasses Data on over 1.1 Billion People

The Credit Reference Center (CRC) of the People's Bank of China (PBOC) says it has amassed credit information on more than one...