Monday, January 18, 2021
Tags Cross-border RMB settlement

Tag: Cross-border RMB settlement

Central Bank Shores Up Cross-border RMB Settlement for Foreign Investors

The People's Bank of China has expanded support for cross-border settlement in the renminbi as part of efforts to facilitate overseas investment and trade. On...

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Private Investment the Key to Understanding China’s Economic Future: State-owned Media

A leading state-owned economics journal has highlighted the importance of the recovery of private investment in the wake of efforts by China...

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...