Against the backdrop of growing signs of yuan stabilization, China's holdings of US Treasury bonds reached their highest level in six months in April.
Latest data shows the financial deleveraging gradually taking effect
China’s central bank will strive to shift financial institutions’ focus onto serving the real economy, said Chen Yulu, its deputy governor.
The yuan has strengthened since Chinese regulators said they were mooting introducing countercyclical regulatory factors into the calculus for its…
China’s central bank issued Interim Measures for the Management of Bond Connect Between Mainland and Hong Kong Bond Markets yesterday.
The implementation of China’s ‘neutral, tightening’ monetary policy needs to undergo continuous trial and error as the nation looks to…
Non-Banking Institutions’ Impact on Financial Stability Cannot Be Ignored, China’s Central Bank Says
Commercial banks still dominate China’s finance sector, but the influence of non-banking financial institutions cannot be ignored, said the People’s Bank of China, the nation’s central bank.
The amount of loans and social financing supplied in China in April beat expectations, while broad money supply (M2) growth dropped to a nine-month low.
The value of a bitcoin soared 267 percent on the year to CNY12,450 (USD1,805) on Sunday, state-owned broadcaster CCTV reported…