By Jayshree P Upadhyay MUMBAI, June 30 (Reuters) – Global financial firms are pivoting expansion plans towards South Korea while taking a more measured approach to China and India, according to an …
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China’s interbank dollar lending sentiment index climbs to record 74 as PBOC reshapes liquidity landscape
China’s interbank dollar lending sentiment index hits a record 74 as the PBOC caps lending and banks raise dollar deposit rates above SOFR.
China central bank injects 600 billion yuan through overnight reverse repos
China’s central bank conducted overnight reverse repo operations again on Tuesday, offering 600 billion yuan ($88.3 billion) to financial institutions, it said in an online statement, without …
China debuts overnight reverse repos at 1.25%, injecting $44 billion in liquidity
The PBOC launched its first overnight reverse repo at 1.25%, injecting 300 billion yuan ($44.1B). Here’s what it means for crypto and global risk assets.
China could have the keys to your life savings
Beijing is deploying market access to steal intellectual property, monitor Americans and conduct economic espionage.
Global market: China’s central bank expands liquidity toolkit with first-ever overnight reverse repos
China’s central bank has introduced overnight reverse repo operations for the first time, injecting 300 billion yuan to manage liquidity. This move expands the People’s Bank of China’s toolkit for …
China debuts overnight reverse repos at 1.25%, sources say
June 29 (Reuters) – China’s central bank launched overnight reverse repo operations on Monday, a move markets interpreted as deepening its control over liquidity conditions and aligning its policy …
If you think China needs to dethrone U.S. dollar, you don’t understand how it is waging global currency war
It’s misguided to focus on China’s renminbi replacing the U.S. dollar. Beijing is already successfully reducing dependence on a dollar-centric global system.
If you think China needs to dethrone US dollar, you don’t understand how it is waging global currency war
It’s misguided to focus on China’s renminbi replacing the U.S. dollar. Beijing is already successfully reducing dependence on a dollar-centric global system.
A tale of two cities: can Shanghai challenge Hong Kong’s offshore finance crown?
Beijing is accelerating Shanghai’s offshore finance ambitions, raising questions over whether Hong Kong’s long-held edge can endure Hong Kong has been seizing every opportunity to consolidate its role …
China’s audit body censures state lenders over tax failures
China’s National Audit Office (CNAO) has uncovered tax evasion and oversight failures at several major state-owned financial institutions. In its annual work report, the CNAO said the Bank of China …
China’s central bank urges banks to boost lending as demand remains weak, sources say
June 26 (Reuters) – China’s central bank instructed some commercial banks to increase their lending this month, people familiar with the matter said on Friday, the latest sign that demand for credit …
China approves Standard Bank, ICBC for Africa yuan clearing
By Colleen Goko JOHANNESBURG, June 26 – China’s central bank has authorized Standard Bank and the Industrial and Commercial Bank of China (ICBC) to clear yuan currency (Renminbi) transactions across …
