Search result for CHINA CENTRAL BANK
PBOC RAISE RESERVE REQUIREMENT RATIO FOR FOREIGN CURRENCY DEPOSITS
Highlights –
- PBOC raise reserve requirement ratio for foreign currency deposits.
- Chinese currency renminbi (RMB) remains high against the U.S. dollar.
- RMB has likely experienced some overshooting against the U.S. dollar.
- RM...
CHINA’S WEALTH MANAGEMENT PRODUCTS & PROPERY LOANS RISE IN Q1
Highlights –
- China’s wealth management products & property loans rise in Q1.
- At the end of March, China’s banking system had about $3.87 trillion of outstanding wealth management products.
- China's outstanding prope...
PEOPLE’S BANK OF CHINA TO DEVISE STRUCTURAL MONETARY POLICY
Highlights –
- People’s Bank of China to devise structural monetary policy.
- The policy tools will help support the economy for key projects in the reduction of carbon emissions.
- The policy will establish an incentive-compatible me...
PEOPLE’S BANK OF CHINA OUTLINED KEY POLICIES AND TASKS FOR 2021 IN BEIJING
Highlights –
- People’s Bank of China outlined key policies and tasks for 2021 in Beijing.
- PBOC will offer effective financial support in accelerating the construction of a new development paradigm.
- PBOC is said to implement prude...
PBOC PUBLISHES RULES CONCERNED WITH A COMPANY’S CORPORATE CREDIT BONDS
Highlights –
- PBOC publishes rules concerned with a company’s corporate credit bonds.
- The National Development and Reform Commission and the China Securities Regulatory Commission have also participated in the above.
- There have b...
CHINA CENTRAL BANK CAUTIOUSLY PURCHASING STAKES IN INDIAN COMPANIES: REPORTS
Highlights
• People’s Bank of China (PBoC) holds 1 percent stake in HDFC, 0.43 percent in Piramal Enterprises and 0.32 percent in Ambuja Cement
• According to the reports, Chinese banks are intentionally buying stakes in those companies that are strategically i...