Wednesday, January 27, 2021
Tags Foreign reserves

Tag: Foreign reserves

February Saw China’s Foreign Reserves Decline for First Time in a Year

Official data indicates that China's foreign reserves reversed 12 successive months of increase in February. Figures released by the People's Bank of China indicate that...

China’s Foreign Reserves Rise for 12th Consecutive Month in January

The latest official data points to an increase in the size of China's foreign reserves for the 12th consecutive month in January. Data released by...

German Central Bank Will Add Chinese Yuan to Its Foreign Reserves

Internationalisation of the Chinese yuan may have taken a major step forward following reports that the German central bank will include the currency in...

Beijing Says Reports It Will Halt Purchases of US Treasuries Are “Incorrect”

Beijing has provided an equivocal denial to reports that it is considering a slow down or suspension of its purchases of US Treasuries. As a...

China’s Holdings of US Treasuries Shrank For the First Time This Year in September

China's holdings of US Treasuries fell for the first time this year in September, yet the country continues to remain America's biggest sovereign creditor. The...

Beijing Will Shore up its Status as America’s Biggest Creditor

China is set to continue expanding its holdings of US Treasuries according to the latest reports from state-owned media, just months after reacquiring its...

China’s Foreign Reserves Rise for Seventh Consecutive Month in August

The latest data from the central bank shows that China's foreign reserves continued to increase last month, with analysts pointing to capital inflows and...

China’s Foreign Reserves Rise for Sixth Consecutive Month

The latest data from the People's Bank of China indicates that the country's foreign reserves growth beat expectations in July with a month-on-month increase...

China’s Holdings of US Treasuries Hit Seven Month High

China has increased its holdings of US Treasuries for the fourth consecutive month in May, bringing the total to a seven month peak. The latest...

Foreign Reserve Growth Dwindles to Thinnest Margin Since Feb

China's foreign reserves growth has narrowed to its lowest level since reversing seven-months of consecutive decline in February, due to seasonal factors and a fall...

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Automaker Geely Establishes Fintech Investment Vehicle

Privately held automaker Zhejiang Geely Holding Group (浙江吉利控股集团有限公司) is seeking to expand its presence in the fintech sector with the launch of...

China Authorises 530,000 Patents in 2020, Patent Pledge Financing Rises over 43% YoY

The China National Intellectual Property Administration (CNIPA) says it approved 530,000 patents in 2020, bringing the total number of domestic patents in...

Shanghai Pudong Development Bank Opens Fintech Research Facility in Singapore to Focus on Blockchain, AI and API Development

Municipal lender Shanghai Pudong Development Bank (SPD Bank) has become the first joint-stock bank in China to establish an innovation centre...