Tuesday, March 2, 2021
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Tag: Interbank certificate of deposit

PBOC Will Be “Super Central Bank” Following Regulatory Shake-up: Ren Zeping

One of China's leading economists says that sweeping reforms of the country's financial regulatory framework will see the People's Bank of China become a...

Growth in Wealth Management Products Plunges to 1.69%

Growth in the value of the wealth management products sold by Chinese banks has posted a precipitous decline following the central government's launch of...

Heightened Regulatory Pressure Could Lead to Consolidation of China’s Banking Sector

Smaller-sized lenders in China are finding it harder to obtain funds via the money market, as liquidity becomes constrained and regulators step up their...

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Chinese Grain Production Rises 0.9% in 2020 to 669.49 Million Tonnes

Grain production in China edged higher in 2020 despite the adverse economic impact of COVID-19.

Average Disposable Incomes in China Rise 4.7% in 2020 Despite Impact of COVID-19

Official data points to a sizeable rise in disposable incomes in China last year despite the adverse economic impacts of the COVID-19...

ByteDance Shuffles Senior Execs at Toutiao and TikTok

TikTok-owner ByteDance has made adjustments to key executives at the helm of its leading social media and news content platforms.

Bank of China Appointed Liu Jin, Former Head of China Everbright Bank, as President

Bank of China (BOC) has announced the appointment of a veteran of China's state-owned and joint-stock banking sector to the position of...