Monday, January 18, 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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Ant Group Has Established Rectification Team for Business Overhaul: Chinese Central Bank

The People's Bank of China (PBOC) says that Jack Ma's Ant Group has taken further measures in response to pressure from regulators...

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...