Thursday, October 29, 2020
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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Anhui Province Undertakes Trial Scheme for SME Emergency Loans to Enteprises Affected by COVID-19 and Flooding

The inland Chinese province of Anhui has announced the start of a trial scheme for the provision of emergency loans to local...

ByteDance Establishes Artificial Intelligence Subsidiary in Fujian Province

ByteDance, the company behind social media giant TikTok, has just established a tech subsidiary in Fujian province whose business scope includes artificial...

Alibaba Unveils Plan for Greater Digitisation of Cross-border Trade

Chinese e-commerce giant Alibaba has unveiled an ambitious new plans to support the use of e-commerce by small businesses.

Lending to Private Enterprise Increases 5.4 Trillion Yuan During Jan – Sep Period: CBIRC

The latest data from the China Banking and Insurance Regulatory Commission (CBIRC) points to a sizeable increase in lending to private enterprises...