Monday, April 19, 2021
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Banking

M2 Money Supply Growth Hits New Low in October

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Growth in China's M2 money supply continues to tap new lows as central government regulators forge ahead with their deleveraging campaign. The latest official data...
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China Construction Bank VP Lu Jiajin Expected to Assume Chairmanship of Industrial Bank Following Two Year Vacancy

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The vice-president of one of China's big six state-owned banks is tipped to assume the role of chairman of a leading regional...
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Chinese Central Bank Researching New Cryptocurrency and Stablecoin Regulations

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The People's Bank of China (PBOC) says it is currently in the process of drafting new measures for the regulation of cryptocurrencies...
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China Launches Digital Renminbi Trials in 11 Cities, Stages Seven Digital Renminbi Lotteries in Year Following Start of Testing

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Pilot schemes for use of the Digital Renminbi have spread to at least ten cities around China a year following the commencement...
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Chinese Central Bank Commits to More Policy Support for Carbon Targets, Warns of Risk Arising from Transition Away from Fossil Fuels

Banking CBNEditor - 0
The People's Bank of China (PBOC) has reiterated its commitment to green finance initiatives as part of efforts to satisfy the country's...
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