Monday, April 19, 2021
Tags Sheng Songcheng

Tag: Sheng Songcheng

Fintech

Ex-PBOC Official Opposes Use of Blockchain Technology for Monetary Purposes, Says Virtual Currency Not Real Money

CBNEditor - 0
A former senior official with the Chinese central bank has come out against the use of blockchain technology in the area of...
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Banking

Foreign Reserves Will Suffer if Renminbi Falls Below Seven to the Greenback: PBOC Adviser

CBNEditor - 0
A senior adviser to the People's Bank of China (PBOC) says that the yuan should not be allowed to drop beneath the threshold of...
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Banking

PBOC Advisor Says New Asset Management Rules Won’t Cause Crisis

CBNEditor - 0
One of the senior-most advisors to the Chinese central bank says the release of strict new regulations governing China's asset management sector can effectively...
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Banking

PBOC Director Opposes Benchmark Deposit Rate Hikes

CBNEditor - 0
One of the Chinese central bank's senior-most officials and a sitting member of the National People's Congress has expressed his opposition to hikes in...
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Most Read

Actually Used Foreign Investment in China Rises Nearly 40% in First Quarter, New Foreign Invested Enterprises up 47.8%

Economy CBNEditor - 0
China has seen a surge in foreign investment in the first quarter of 2021 compared to the same period in 2020, with...
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China’s Q1 GDP Surges 18.3% YoY, Two Year Average Growth Rate at 5.0%

Economy CBNEditor - 0
Chinese GDP in the first quarter of 2021 has seen a surge compared to the same period last year, given the low...
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MLF Rates Remain Unchanged for 13th Consecutive Month as Chinese Monetary Policy Stresses Stability

Banking CBNEditor - 0
The Chinese central bank's open market operations (OMO) have kept the rate for medium-term instruments unchanged for over a year, with analysts...
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PBOC Reiterates Commitment to Anti-trust Enforcement in Chinese Payments Sector, Development of Cross-border Payments

Fintech CBNEditor - 0
The Chinese central bank has stressed its commitment to enforcing anti-trust measures in China's payment sector, as well as efforts to improve...
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