Saturday, January 16, 2021
Tags Chinese renminbi internationlisation

Tag: Chinese renminbi internationlisation

Renminbi Receives Boost from Record Foreign Demand for Chinese Assets

Analysts see the global role of the renminbi rising on the back of record demand for Chinese assets, as China emerges as...

RMB Internationalisation and Financial Opening are China’s Key Reform Goals: Wu Xiaoqiu

One of China's leading finance experts has highlighted internationalisation of the renminbi a key goal for reform of the country's financial system....

Central Bank Digital Currency Poses a Threat to US Dollar Hegemony: JPMorgan

A report from JPMorgan Chase & Co points to the potential for China's proposed central bank digital currency (CBDC) to undermine the...

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China’s Biggest Bank Opens up to Applications for Digital Renminbi Wallets in Shenzhen

The Industrial and Commercial Bank of China (ICBC) is making digital renminbi wallets available to consumers in the southern tech hub of...

Chinese Central Bank Outlines Efforts to Improve Execution of Monetary Policy

A senior official from the People's Bank of China (PBOC) has published a paper on its official website outlining current plans to...

Foreign Investors Raise Holdings on China’s Interbank Bond Market by over 1 Trillion Yuan in 2020

The latest data from the Chinese central bank points to a sharp rise in investment by foreign institutional investors on China's interbank...

Shenzhen Finance Sector Sees Total Deposits Exceed 10 Trillion Yuan

Financial institutions based in Shenzhen have just seen their deposit levels rise to record-breaking levels.