BEIJING, May 2 (Xinhua) — China’s central bank continued to pump cash into the money market in April to maintain liquidity at a reasonable level. The People’s Bank of China (PBOC) said Wednesday in an…
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Recent Posts
China’s central bank injects liquidity into market in April
China’s central bank injects liquidity via reverse repos
China’s central bank on Wednesday injected funds into the banking system via open market operations to maintain liquidity. The People’s Bank of China (PBOC) conducted 200 billion yuan (about 31.4 billion U.S. dollars) of seven-day…
Bank of China Interview Questions
the interview was very easy. no difficult question if u were to ask me, the toughest question was about why am i interested in corporate banking and why work in a china bank. There not…
Xiaomi’s smartphone shipments double ahead of IPO as ZTE’s slump by half
The companies are arguably the two most newsworthy smartphone brands in China today – but for very different reasons. Xiaomi is widely expected to file its application for a Hong Kong IPO this week, with…
Mobile payment increasingly popular in rural China
Mobile payment has become more popular in China’s rural areas. [huitu.com] Mobile payment has become more popular in China’s rural areas as internet technology has made transactions faster and more convenient in remote places where…
China’s foreign minister in North Korea seeks role for Beijing
SEOUL, Korea, Republic Of — China’s foreign minister arrived in North Korea’s capital on Wednesday and could meet with leader Kim Jong Un while trying to ensure a larger role for Beijing in the new…
Xi Tightens His Grip, and China’s Tech Giants Feel the Squeeze
BEIJING — For the past decade or so, China has defied the truism that only free and open societies can innovate. Even as the Communist Party has kept an iron grip on politics and discourse,…
BEIJING | Peppa Pig wins street cred, attracts censors in China
BEIJING —A cherubic British cartoon character has become an unlikely target of China’s censors as fans use her porcine likeness in rap videos and “gangster” tattoos. The bright pink swine’s subversive alter-ego has made her…
China reiterates call to continue upholding Iran nuclear deal
Speaking at a daily news briefing, ministry spokeswoman Hua Chunying said China had noted reports about Israeli Prime Minister Benjamin Netanyahu unveiling what he called evidence of a secret Iranian nuclear weapons program as well…
China media say Taiwan has sour grapes as another ally goes
BEIJING (Reuters) – Taiwan has a case of sour grapes, Chinese state media said on Wednesday, after the self-ruled island accused China of using a $3-billion aid pledge to persuade the Dominican Republic to switch…
China’s HNA sells property developer unit in $456 mln deal
SHANGHAI, May 2 (Reuters) – China’s HNA Group is selling a real-estate focused unit for 2.9 billion yuan ($456.08 million), the firm said in a regulatory filing on Wednesday, amid a broader sell down by…
Does the People’s Bank of China have “what it takes” to join the big league of central banks?
Zhou Xiaochuan – China’s long-term central bank governor – finally stepped down from his position in the spring 2018, after more than 15 years at the helm of the People’s Bank of China (PBoC). During…
Small regional banks are weak links in China’s financial system
In the wake of the global financial crisis, China saw an explosion not only in the level of debt in the economy, but also in the development of complex and opaque shadow banking structures. The…
