Thursday, February 25, 2021
Tags UBS China

Tag: UBS China

UBS Chooses China for Launch of New Digital Banking Platform It Wants to Go Global

Swiss bank UBS hopes to launch a digital banking platform in China first before subsequently bringing it to the global market.

UBS to Become First Foreign Bank to Obtain Full Control of Chinese Securities Firm

Swiss bank UBS has become the first bank in China to obtain approve from local authorities for majority ownership of its domestic securities joint-venture. The...

Is PBOC Reviving Use of Reserve Ratio Adjustments as Liquidity Management Tool?

Wang Tao (汪涛), chief economist for UBS China, says that Beijing's recent decision to reduce the reserve ratio requirement for some Chinese lenders is...

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China Hopes to Stabilise Foreign Trade in 2021 via E-commerce and Restored US Relations, Mulls Joining CPTPP

The Chinese Ministry of Commerce (MOFCOM) says the stabilisation of foreign trade and investment levels is a critical policy priority in 2021,...

Assets of China’s Central State-owned Enterprises Breach USD$10 Trillion Threshold During 13th Five Year Plan

China's State Council has hailed the "high quality" growth of state-owned enterprises (SOE) under the control of the central government during its...

People’s Bank of China Teams up with Other Central Banks on Research into Digital Currencies

The People's Bank of China (PBOC) is teaming up with its counterparts in a slew of other jurisdictions to work together on...

COVID-19 Is Driving Internationalisation of the Renminbi, Foreign Investment in Chinese Financial Assets: PBOC

A senior official from the People's Bank of China (PBOC) says that the COVID-19 pandemic in tandem with ongoing efforts by Beijing...