Thursday, October 22, 2020
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

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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

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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

Chinese Central Bank Helps Crack Cross-border Gambling Case Involving Tether Stablecoin

Fintech CBNEditor - 0
The People's Bank of China (PBOC) has just helped local authorities in the Guangdong province city of Huizhou to crack a cross-border...
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Chinese Central Bank’s Digital Currency Research Institute Enters Strategic Cooperation with China’s Rural Credit Clearing Centre

Fintech CBNEditor - 0
The Digital Currency Research Institute of the People's Bank of China (PBOC) has entered a strategic cooperative agreement with the Rural Credit...
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Chinese Housing Prices Enter the “10,000 Yuan Era”

Economy CBNEditor - 0
Domestic analysts say that the Chinese housing market has just seen average prices rise permanently above the threshold of 10,000 yuan (approx....
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NDRC Is “Confident” Chinese Economy Will Meet Annual Targets for 2020, Says Employment Has Risen Nearly 9M Since Start of Year

Economy CBNEditor - 0
China's National Development and Reform Commission (NDRC) says it is confident that the Chinese economy will satisfy the full-year targets set by...
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