China’s anti-graft crackdown has so far brought down more than 20 financial officials as authorities step up scrutiny over the nation’s $54 trillion financial system at a time of growing turmoil in …
Tagged By finance
China’s central bank issues financial technology development plan
China has released a plan for the development of financial technology from 2022 to 2025 under efforts to spur the digital economy with an improved modern financial system, according to the country’s …
IEEFA: Accepting gas is unsustainable will bolster China’s position on green energy finance
As some green taxonomies compromise on gas, China’s own exclusion of fossil fuel electricity projects sends the right market signal …
People’s Bank of China launches digital Yuan app alongside FinTech plan
The People’s Bank of China (PBOC) has kicked off 2022 with rigour, hitting a major milestone for the introduction of the digital Yuan (e-CNY) and laying out this year’s strategy for delivering its …
Digital yuan app goes live on app stores, ready for Beijing Winter Olympics
The beta version of the digital yuan wallet app went live on Apple’s App Store and Android app stores on Tuesday, ready for the broad use by domestic and international customers during the upcoming …
China launches app for its own digital currency as it looks to expand usage
China’s central bank has launched a pilot version of a wallet app for the digital yuan in a push to expand its usage to more people. So far, China has done a number of trials…
China’s Quant Funds Become Victims of Their Own Success
The fund house, which manages roughly 100 billion yuan ($15.69 billion), blamed the crash on wild shifts in investor sentiment and crowded trades in a sector that is “growing too fast in size.” …
China central bank launches digital yuan wallet apps for Android, iOS
China has released pilot versions of its digital yuan wallet application on mobile phone app stores as the country’s central bank steps up its push to develop its own digital currency.The “e-CNY …
China’s Anti-Graft Crackdown Has Ensnared Over 20 Finance Officials So Far
China’s anti-graft crackdown has so far brought down more than 20 financial officials as authorities step up scrutiny over the nation’s $54 trillion financial system at a time of growing turmoil in …
Hong Kong: Oath Of Allegiance Administered To 90 “Pro-Beijing” Lawmakers
On Monday, the oath of allegiance was administered to all 90 members of China’s HKSAR’s seventeenth legislative council by Chief Executive Carrie Lam.
China’s $708 Billion Race for Cash Adds Pressure for Easing
A wall of maturing debt and a surge in seasonal demand for cash will test China’s financial markets this month, putting pressure on the central bank to ensure sufficient liquidity.Most Read from …
China faces near $1 trn cash demand on early Lunar New Year
An increase in the amount of policy loans coming due and demand for cash for the Lunar New Year represent an early 2022 test for China’s central bank.
China’s $708 Billion Race for Cash Adds Pressure on PBOC to Ease
A wall of maturing debt and a surge in seasonal demand for cash will test China’s financial markets this month, putting pressure on the central bank to ensure sufficient liquidity.
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