Tuesday, April 13, 2021
Tags Chinese required reserve ratio cuts

Tag: Chinese required reserve ratio cuts

PBOC Cuts Interest Rate for Excess Reserves for First Time since 2018

The Chinese central bank has unveiled a fresh set of monetary measures to curb the impacts of the COVID-19 outbreak on China's...

State Media Flags Several More Required Reserve Cuts from PBOC in 2020

A report from one of China's leading state-owned financial news providers points to the likelihood of another cut to the required reserve...

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Ex-PBOC Deputy Governor Warns of “Biden’s Overheating” and “Sword of Inflation” After Unveiling of USD$1.9T Stimulus Package

One of China's leading economists has warned of the major risk implications of the mammoth USD$1.9 trillion stimulus package unveiled by the...

JD Technology Expected to Join Ant Group in Adoption of Financial Holding Company Form

The tech subsidiary of e-commerce giant JD.com reportedly plans to launch a financial holding company amidst a push from Chinese authorities for...

Paypal Founder Peter Thiel Worries Bitcoin Could Be Financial Weapon for China Despite Domestic Ban

One of America's leading tech entrepreneurs believes that China could use the Bitcoin cryptocurrency as a "financial weapon" against the US should...

Chinese Central Bank Reportedly Orders Lenders to Keep 2021 Credit Growth on Par with Last Year

The People's Bank of China (PBOC) has reportedly issued an order for leading banking sector financial institutions to scale back credit growth...