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Tuesday, January 26, 2021
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People's Bank of China
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People's Bank of China
Banking
Chinese Central Bank Outlines Efforts to Improve Execution of Monetary Policy
CBNEditor
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January 15, 2021
0
A senior official from the People's Bank of China (PBOC) has published a paper on its official website outlining current plans to...
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Economy
China Set to Contain Regional Debt Risk via Assessment-based Quotas
CBNEditor
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January 12, 2021
0
Domestic sources expect regulators to accelerate efforts to contain hidden local government debt risk, after the issue was heavily stressed by the...
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Economy
Chinese Central Bank Calls for Stronger Macro-prudential Regulation of Online Finance at Inaugural Work Meeting for 2021
CBNEditor
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January 7, 2021
0
The People's Bank of China (PBOC) has sent a raft of key policy signals at its inaugural work meeting for 2021, including...
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Banking
Chinese Central Bank’s 2020 Q4 Meeting Highlights Support for Post-COVID 19 Recovery, Stable Yet Flexible Monetary Policy
CBNEditor
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December 31, 2020
0
The routine meeting of the People's Bank of China (PBOC) for the final quarter of 2020 has highlighted the maintenance of stable...
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Banking
PBOC Undertakes 20 Billion Yuan in Reverse Repo Operations on 28 December for Net Injection of 10 Billion Yuan
CBNEditor
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December 28, 2020
0
The People’s Bank of China (PBOC) announced that it undertook 20 billion yuan in reverse repo operations on 28 December.
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Fintech
Chinese Regulators Demand Ant Group “Return” to Payments During Official Talks Following Launch of Anti-trust Probe into Alibaba
CBNEditor
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December 27, 2020
0
A senior official from the People's Bank of China (PBOC) has shed light on the nature of the "regulatory discussions" held with...
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Banking
PBOC Undertakes 5 Billion Yuan in Central Bank Bill Swap Operations on 24 December
CBNEditor
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December 24, 2020
0
The PeoÂple’s Bank of China (PBOC) conducted 5 bilÂlion yuan in cenÂtral bank bill swap (CBS) operations on 24 December, with a...
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Economy
“Substitute Data,” Blockchain and Big Data Play Key Role in Creation of Society-spanning Credit System: Chinese Central Bank
CBNEditor
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December 16, 2020
0
The People's Bank of China (PBOC) has stressed the importance of alternative data sources in its efforts to create a unified credit...
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Fintech
Chinese Central Bank Launches Its Fifth Fintech Subsidiary in Shenzhen
CBNEditor
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December 14, 2020
0
The People's Bank of China (PBOC) has just opened a new fintech subsidiary in the southern tech hub of Shenzhen.
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Banking
Chinese Central Bank Undertakes 50 Billion Yuan in Reverse Repos on 7 December
CBNEditor
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December 7, 2020
0
The People's Bank of China (PBOC) announced on 7 December that it had undertaken 50 billion yuan (approx. USD$7.65 billion) in 7-day...
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Tencent Drops Advertising Veteran Lau Seng Yee from Roster of Top Executives
Fintech
CBNEditor
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January 24, 2021
0
Chinese tech giant Tencent has removed a veteran advertising executive from the line-up of its senior-most personnel, as online companies in China...
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Ant Group and Others Engage in Monopoly Conduct, But “Regulatory Discussions” Will Not Affect Normal Development: CBIRC
Fintech
CBNEditor
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January 24, 2021
0
The Chinese banking regulator has sought to reassure the broader market that China's business environment for private enterprises will not be adversely...
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Chinese Banks See Net Profits Decline 1.8% in 2020
Banking
CBNEditor
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January 24, 2021
0
China's banking sector saw a sizeable decline in its net profits for 2020 amidst the adverse economic impacts of the COVID-19 pandemic....
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Tencent Expects Cloud Computing to Be Essential Infrastructure for Finance, Domestic Market to Soon Hit 80B Yuan
Fintech
CBNEditor
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January 24, 2021
0
A senior executive from Chinese tech giant Tencent forecasts that cloud computing will be a key area of development for China's fintech...
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