Friday, April 16, 2021
Tags Interbank trading

Tag: Interbank trading

PBOC Reprimands 40 Lenders for Interbank Account Violations

As many as 40 banks have received reprimands from the Chinese central bank for violating interbank account regulations, including some of the country's biggest...

CBRC Flags Crackdown on Wealth Management Products

China's banking regulator has flagged increased scrutiny of the country's wealth management products in the wake of a 3 billion yuan fraud scandal, as...

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Chinese Central Bank Appoints 48 Year-old Deputy Mayor of Chongqing as New Deputy Governor

The People's Bank of China (PBOC) has just expanded its senior leadership cohort with the addition of a new deputy governor drawn...

Beijing Cracks Down on Local Finance Platforms, Demands “Peeling Away” of Government Funding Role, Bankruptcies for Insolvent Firms

The State Council of China has issued new regulations concerning the handling of local finance platforms in a bid to stymie their...

Chinese CPI Bounces Back into Positive Territory in March

China's consumer price index (CPI) resumed positive YoY growth in March, as the domestic economy continues to recover from the impacts of...

Renminbi Lending Increases USD$1.17 Trillion in First Quarter of 2021

Chinese banks extended over USD$1.1 trillion in new loans in the first quarter of 2021 according to the latest data from the...