Monday, October 26, 2020
Tags Chinese reserve ratio

Tag: Chinese reserve ratio

UBS Sees Chinese Central Bank Cutting Reserve Ratio 100 Basis Points in 2020, Acceleration of Bond Approvals

UBS expects the People's Bank of China (PBOC) to adopt a range of measures in the near-term to help the Chinese economy...

Chinese Central Bank to Cut Reserve Ratio 0.5 Percentage Points in Mid-September

The People's Bank of China (PBOC) has unveiled another cut to the reserve ratio for Chinese financial institutions.

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Industrial IoT Financing the Next “Blue Ocean” for Chinese Fintech: Huang Qifan

The former mayor of Chongqing municipality Huang Qifan (黄奇帆) expects Industrial Internet of Things (IIoT) financing to be the next major area...

Legal Changes Expand Power of Chinese Central Bank, Confer Official Recognition to Digital Renminbi

Proposed amendments to the law governing the Chinese central bank are expected to confer it with greater sway and authority within China's...

Jack Ma Calls for Replacing “Pawnshop Mentality” of Traditional Banks with Big Data-based Credit System

Alibaba-founder Jack Ma has decried the collateral focus of traditional banks in the Chinese financial system, calling instead for the use of...

Digital Lender XWBank Sees Q3 Profits Rise 32%

Sichuan-based direct lender XWBank has seen a sharp on-quarter rise in its profits in the third quarter of 2020, as China makes...