Thursday, April 15, 2021
Tags Yi Gang

Tag: Yi Gang

China Co-chairs G20 Sustainable Finance Study Group with United States

China will play a leading role in efforts by the G20 to develop solutions for the challenges faced by the global sustainable...

Chinese Central Bank Chief Flags Possibility of “Good Results” for Relaunch of Ant Group IPO

The head of the Chinese central bank has flagged the possibility that Jack Ma's Ant Group could still launch a successful IPO...

Chinese Central Bank Will Use Carbon Neutrality Targets as Basis for Green Financing Standards, Analyse Impact of Climate Change on Financial Stability

Yi Gang (易纲), the governor of the People's Bank of China (PBOC), has flagged further efforts to improve the country's green financing...

Central Bank Governor Warns against Deficit Monetisation, Calls for Improvements to Money Supply Adjustment Mechanisms

People's Bank of China (PBOC) governor Yi Gang (易纲) has warned against monetisation of the Chinese deficit in the wake of stimulus...

Chinese Central Bank Chief Reaffirms Monetary Policy Signals for the Remainder of 2020

Yi Gang, governor of the People's Bank of China (PBOC) has provided further signals on the likely direction of Chinese monetary policy...

No Schedule Yet for Launch of Central Bank Digital Currency: PBOC Governor Yi Gang

The governor of the Chinese central bank says that it has not assembled a concrete timeline for the launch of its much-anticipated...

Central Bank Governor Convenes Meeting on Dealing with Economic Impacts of Coronavirus

The governor of the People's Bank of China (PBOC) has convened a special meeting on measures to deal with the economic fallout...

China’s Central Bank Governor Hails Digital Currency Progress, Says no Schedule for Launch

The head of the Chinese central bank has said that work on its own digital currency has achieved significant headway.

China Will Not Engage in Competitive Devaluation: Central Bank Governor Yi Gang

The head of the People's Bank of China (PBOC) has committed to maintaining the stability of the Chinese yuan as well as...

PBOC Flags Stable Monetary Policy, Focus on China’s Real Economy and Financial Inclusion

The head of China's central bank has signalled broad continuity in the key themes of Chinese monetary policy in 2019. In an interview with state...

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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...

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...