Thursday, April 15, 2021
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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...

PBOC Requires All Loan Products to Clearly Display Real Annualized Interest Rates

The Chinese central bank has launched strict disclosure requirements for the interest rates of loan products due to concerns that many consumers...

Chinese Central Bank Sheds Further Light on Joint-venture with SWIFT

The People's Bank of China (PBOC) has issued an official notice providing more information on Jinrong Wangguan Xinxi Fuwu Co., Ltd. (Financial...

Chinese Small Businesses Will Take Flight on the Wings of Fintech: Central Bank Official

A senior official from the People's Bank of China (PBOC) says that fintech will play a critical role in efforts to drive...

Chinese Central Bank Issues New Guidelines on Development of Data Capabilities in Financial Sector

The People's Bank of China (PBOC) has issued a new set of guidelines on the handling of financial sector data.

PBOC Warns of Debt-saddled Private Companies, Calls for Creditors to Have Greater Say in Corporate Governance

A senior official from the Chinese central bank has warned of the financial risk created by large-scale private enterprises amassing huge debt...

PBOC Calls for Stricter Regulation of China’s Wholesale Finance Markets

A senior official from the Chinese central bank has highlighted the need for greater regulation of wholesale transactions on China's financial markets....

China’s Loan Prime Rate Unchanged for Tenth Straight Month after Lunar New Year

Chi­na’s loan prime rate (LPR) has re­mained un­changed for the tenth consecutive month in February 2021, just following the close of the Lunar...

Chinese Central Bank Flags More of the Same for Monetary Policy in 2021, No “Irrigation-style” Flooding

A senior offical from the People's Bank of China (PBOC) has flagged the maintenance of moderate monetary policy settings in the wake...

Chinese Central Bank Outlines Six Key Points for Fintech Work in 2021

The People's Bank of China (PBOC) has assembled a list of key focal points for its fintech policy efforts in 2021.

Most Read

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...