Tuesday, October 20, 2020
Tags International Monetary Fund

Tag: International Monetary Fund

IMF Says Yuan Is Fairly Valued, China Has Not Intervened in Forex Market

A new report from the International Monetary Fund (IMF) gainsays recent claims by the United States that that China is engaging in...

China’s GDP Could Be World’s Largest by 2030, Credit Growth Still Too Fast: IMF

The latest annual assessment of China's economy by the International Monetary Fund (IMF) sees growth remaining robust across the near-to-medium-term, while cautioning that credit...

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Chinese Central Bank Overhauls Commercial Banking Law

The People's Bank of China (PBOC) has unveiled a broad raft of proposed changes to China's commercial banking law.

Ant Group Raises Target Valuation to USD$280 Billion

Chinese fintech giant Ant Group plans to raise the target value for its IPO to USD$280 billion according to sources.

Postal Savings Bank of China Enters Comprehensive Strategic Cooperative Agreement with JD.com’s Fintech Subsidiary

One of China's big six state-owned banks has entered a strategic cooperative agreement with the fintech subsidiary of a leading Chinese e-commerce...

Foreign Companies Will Not Flee China Despite Impacts of COVID-19 on Global Economy: Deputy IMF Director Zhu Min

One of China's leading economists says that the COVID-19 pandemic and its related impacts will not compel foreign companies to withdraw from...