China's central bank has drafted new rules to tackle risks from shadow banking, in a tacit acknowledgment that a host of measures in recent years to control off balance sheet credit have failed to control its risks, the Financial Times ...
Tags: Shadow Banking, balance sheet
China's foreign exchange reserves shrank for a fourth straight month in October, the central bank said Monday. The world's largest currency hoard fell to 3.12 trillion U.S. dollars last month, down 45.7 billion dollars from September, ...
Tags: Forex Reserves, foreign exchange
China's central bank on Tuesday pumped the biggest amount of funds since September into the financial system in open market operations in an effort to ease a liquidity strain. The People's Bank of China (PBOC) conducted seven-day reverse ...
Economists and insiders are calling for more effective goverment supervision as a year of wild swings in China's stock market is coming to an end. China fought an unprecedented and costly war in 2015 to contain wide stock market ...
Chinese commercial bank must verify the identify of clients when they open personal bank accounts to make sure they are using their real names, a circular showed Friday. The People's Bank of China (PBOC), the central bank, released the ...
Tags: Banks, Real-name Accounts
Chinese entrepreneurs are not as confident about the macro economy as they were in the previous quarter, said a quarterly survey by China's central bank Thursday. Based on a survey of over 5,000 industrial businessmen nationwide, the ...
Tags: Entrepreneur, Confidence Index
The central bank on Tuesday announced plans to introduce green bonds to allow financial institutions to raise funds for green projects. The People's Bank of China (PBOC) said the green bond will widen financing channels for projects in ...
Tags: Green Bond, Interbank Market
China is to extend the trading hours of the interbank forex market by seven hours and allow more foreign entities into the market, according to a Wednesday statement by the People's Bank of China (PBOC). From Jan. 4, the closing time for ...
Tags: Extends Trading, Forex Market
China's central bank says the country's foreign exchange market will extend trading hours by 7 hours starting from January 4th. Trading hours for the yuan in the Shanghai-based exchange will last till 11:30 pm local time. The People's ...
Tags: PBOC, Forex Trading
China's central bank offered a total of 100 billion yuan (15.4 billion U.S. dollars) in six-month medium-term lending facility (MLF) loans at 3.25 percent to 13 financial institutions on Friday. "The move is aimed at maintaining proper ...
Tags: Central Bank, Liquidity
The US Congress' approval of the quota and governance reforms of the International Monetary Fund (IMF) has been welcomed by the People's Bank of China (PBOC). According to the statement on the central bank's official website, this ...
Tags: Ratification, Imf Quota
China's central bank on Saturday welcomed the ratification of the 2010 quota and governance reforms of the International Monetary Fund (IMF) by the U.S. Congress on Dec. 18, 2015. "Such approval means that the 2010 reforms, after ...
Tags: Ratification, IMF Quota Reform
China's central bank has reportedly surveyed banks on the possibility and potential impact of removing its benchmark deposit and lending rates. It's being reported that China's central bank recently surveyed banks on the possibility ...
China's central bank said Monday the Chinese currency has the fundamentals to remain stable relative to a basket of currencies after a change on Friday in the way the renminbi's value is calculated. The fundamentals include a high ...
Tags: RMB, Central Bank
China's foreign exchange reserves, the world's largest, fell by US$87.2 billion in November to US$3.44 trillion, central bank data showed yesterday, the lowest level since February 2013 and the third largest monthly drop on record. ...
Tags: Forex Reserves, foreign exchange