The People’s Bank of China has said the market should pay less attention to its liquidity operations and more to its interest rate adjustments. ( read original story …)
FINANCE
Beijing’s $1.5 Million Digital Yuan Giveaway: China to Airdrop Digital Currency for Chinese New Year
China is giving away 10 million yuan in its central bank digital currency in Beijing. Recipients can spend the digital yuan during the Chinese New Year festival. Beijing has become the third major … (…
China to advance green finance development: central bank
China will step up efforts to support green industries with innovative financial products and services, the country’s central bank said on Tuesday. The People’s Bank of China (PBOC) will push the … ( read original…
UPDATE 1-China Jan new bank loans hit record high, credit growth slows
China’s new bank loans surged to new highs in January boosted by seasonal demand, while broad credit growth slowed, as the central bank walks a tightrope between supporting a recovering economy and … ( read…
China Jan new bank loans hit record high, credit growth slows
China’s new bank loans surged to new highs in January boosted by seasonal demand, while broad credit growth slowed, as the central bank walks a tightrope between supporting a recovering economy and … ( read…
China Janunary bank loans surge to record, credit growth slows
China’s new bank loans leapt to new highs in January boosted by seasonal demand, while broad credit growth slowed, as the central bank walks a tightrope between supporting a recovering economy and … ( read…
Japan wants G7 finance chiefs to ‘thrash out’ digital currency policy at talks as China trials continue
G7 nations have been cautious about China’s lead in issuing a digital currency, as it could threaten the long-standing international position of their conventional currencies. ( read original story …)
China’s central bank stresses stability over ‘sharp turns’ for next-phase monetary policy
A view of the PBC’s headquarters in Beijing Photo: cnsphoto China’s central bank or People’s Bank of China (PBC) disclosed in a policy report on Monday night that it would aim for stability in ……
China’s central bank reiterates stability in monetary policy
China’s central bank has reiterated that it will prioritize stability in its monetary policy and avoid making sudden shifts. The prudent monetary policy will be more flexible, precise, reasonable and … ( read original story…
US-China relations: threat of financial war fading as investors eye returns from likes of Kuaishou, Agora
A financial war between the world’s two largest economies is unlikely to happen after a series of events in the past few days cooled the possibility of a financial decoupling between China and the ……
China central bank says monetary policy to be flexible, targeted
China’s central bank on Monday said its prudent monetary policy would be flexible, targeted and appropriate, with no sudden shifts, as it pledged to continue with interest rate reform. ( read original story …)
Beijing is partnering with SWIFT to accelerate the adoption of the digital yuan internationally
The Chinese government decides to merge with the interbank payment system SWIFT (Society for Worldwide Interbank Financial Telecommunication). Behind this collaboration between SWIFT and the Digital … ( read original story …)
China’s January yuan loans seen at record high, central bank to cool credit growth in 2021: Reuters poll
China’s new bank loans are expected to surge to a record high in January on a seasonal boost, a Reuters poll showed, while credit growth may be constrained by some marginal tightening of monetary ……
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