China injected cash into the financial system by offering medium-term loans, in the government’s latest effort to ensure the country’s banks have sufficient liquidity. ( read original story …)
Tagged By banking
Beijing’s sub-center to aggregate top innovative factors
In order to serve Beijing’s plan of building a comprehensive demonstration zone for the further opening-up of the service industry as well as pilot free trade zones, the Beijing Municipal … ( read original story…
China central bank urges wider acceptance of cash as payments go digital
China’s central bank has called for wider acceptance of cash in economic activities and vowed to punish those who refuse to accept cash payments in the wake of a widening gap in access to digital…
China c.bank injects record 950 bln yuan of medium-term funds after bond defaults
China’s central bank made its biggest ever injection of medium-term funds on Tuesday to shore up liquidity, after recent corporate bond defaults shattered investor confidence and scuppered new … ( read original story …)
China’s November Industrial Output Steps up as Recovery Gathers Pace
China’s industrial output grew in line with expectations in November, expanding for the eighth straight month as the economic recovery gathered pace and global demand picked up. Industrial output … ( read original story …)
China Offers $145 Billion in Bank Funding as Liquidity Tightens
China injected cash into the financial system by offering medium-term loans, in the government’s latest effort to ensure the country’s banks have sufficient liquidity. ( read original story …)
Is China Stepping Up Fintech Regulation a Good Thing?
As developments in fintech continue to emerge, Chinese regulators have become increasingly worried about finance being overshadowed by technology. ( read original story …)
China’s central bank conducts 20 billion yuan of reverse repos
China’s central bank on Monday conducted 20 billion yuan (about 3.06 billion U.S. dollars) of reverse repos to maintain reasonably ample liquidity in the banking system. The interest rate for the … ( read original…
China stocks rise on hopes of policy support; Hong Kong dips
HK daily quota used 0.2% * FTSE China A50 +0.9% SHANGHAI, Dec 14 (Reuters) – China stocks started the week on a firm note due to hopes of more policy support to shore up the…
Central bank’s role evolves as economic structure is optimized
As China is shifting into a high-quality development phase and optimizing the economic structure, modern central banking is expected to be a crucial pillar that supports the transformation of the … ( read original story…
One key part of China is behind in the economic recovery
While China is on its way to growth this year, data show consumers are still under pressure from uncertainty about their future income. ( read original story …)
China’s green financing policy tools to be enriched
Chinese central bank officials aim to enrich policy tools labeled “green financing” to spur economic recovery and leverage more financial resources for achieving carbon emission reduction goals. ( read original story …)
China’s digital currency no threat to global monetary systems, former central bank chief says
Beijing is not seeking to replace existing currencies with its digital yuan, ex-PBOC governor Zhou Xiaochuan tells Shanghai forum. ( read original story …)
