central bank

PBOC Handled 30 Cases of Cash Refusal in Beijing Since July

PBOC Handled 30 Cases of Cash Refusal in Beijing Since July

China’s central bank has handled 30 cases in which cash payment has been refused in the country’s capital, including two case concerning well-known firms, according to a statement.

Nov 14, 2018
Liao Shumin
PBOC’s Shanghai Unit to Offer Refinancing Support to Smaller Private Firms

PBOC’s Shanghai Unit to Offer Refinancing Support to Smaller Private Firms

The Shanghai office of China’s central bank will introduce more debt financing tools as soon as possible to increase the ways that private firms and tech companies can use to borrow funds.

Nov 14, 2018
Tang Shihiua
PBOC to Issue Central Bank Bills in HK; Offshore Yuan-Dollar Rises

PBOC to Issue Central Bank Bills in HK; Offshore Yuan-Dollar Rises

The offshore exchange rate of Chinese yuan against the US dollar in the foreign exchange market quickly rebounded after China’s…

Oct 31, 2018
Zhou Ailin
China Brings Triparty Repos to Inter-Bank Bond Market

China Brings Triparty Repos to Inter-Bank Bond Market

China Brings Triparty Repos to Inter-Bank Bond Market. China’s central bank has officially introduced triparty repos, which allow reduced-risk borrowing…

Oct 17, 2018
Xu Wei
China to Keep Liquidity Ample Amid Growth of Domestic Demand, PBOC Says

China to Keep Liquidity Ample Amid Growth of Domestic Demand, PBOC Says

China to Keep Liquidity Ample Amid Growth of Domestic Demand, PBOC Says. China will implement a prudent and neutral monetary…

Oct 2, 2018
Chen Juan
[Exclusive] China’s Opening of Bond Market Provides Friendlier Investment Environment, PBOC Governor Says

[Exclusive] China’s Opening of Bond Market Provides Friendlier Investment Environment, PBOC Governor Says

The number of foreign institutions in China’s inter-investment bank bond market has surged to over 1,000 this year from more…

Sep 3, 2018
Xu Yanyan
China’s Push for Inclusive Finance Is Progressing Steadily, PBOC Says

China’s Push for Inclusive Finance Is Progressing Steadily, PBOC Says

Chinese services aimed at making finance more inclusive developed steadily last year, with the number of unbanked citizens becoming almost…

Aug 14, 2018
Tang Shihua
Yuan's Internationalization Takes Years, Includes Trade-Offs, Former PBOC Chief Says

Yuan's Internationalization Takes Years, Includes Trade-Offs, Former PBOC Chief Says

Yuan's Internationalization Takes Years, Includes Trade-Offs, Former PBOC Chief Says. The internationalization of the yuan should be carried out in…

Aug 13, 2018
Song Yikang
Central Banks the World Over Are Mulling Digital Fiat Currencies

Central Banks the World Over Are Mulling Digital Fiat Currencies

Central bank executives and cryptocurrency experts from a range of nations are looking into the possibility of a digital fiat coin to tame drastic price fluctuations and avert money lost to hackers.

Aug 6, 2018
Duan Siyu
Deposit Rates Dive as China Banks Enjoy Loosened Liquidity

Deposit Rates Dive as China Banks Enjoy Loosened Liquidity

Deposit Rates Dive as China Banks Enjoy Loosened Liquidity. China’s treasury deposit interest rates have tumbled by more than a…

Jul 18, 2018
She Qingqi
Shifts in Market Sentiment Led to Recent Yuan Fluctuations, Financial Academic Says

Shifts in Market Sentiment Led to Recent Yuan Fluctuations, Financial Academic Says

Changing market sentiments in the foreign exchange market have played a key role in the recent fluctuations affecting the yuan’s…

Jul 16, 2018
Xu Yanyan
[Comment] US Duties Will Have Slight Effect; China Must Look to Itself, Ex-PBOC Official Says

[Comment] US Duties Will Have Slight Effect; China Must Look to Itself, Ex-PBOC Official Says

The US released a list of 25-percent tariffs added to USD50 billion worth of Chinese goods on June 15. Though…

Jul 7, 2018
Sheng Songcheng