Thursday, April 22, 2021
Tags Chinese renminbi internationlisation

Tag: Chinese renminbi internationlisation

COVID-19 Is Driving Internationalisation of the Renminbi, Foreign Investment in Chinese Financial Assets: PBOC

A senior official from the People's Bank of China (PBOC) says that the COVID-19 pandemic in tandem with ongoing efforts by Beijing...

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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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...