Central Bank

PBOC Caps Maturity Period of Interbank Negotiable Certificates of Deposit at One Year

PBOC Caps Maturity Period of Interbank Negotiable Certificates of Deposit at One Year

To guide the standardized and orderly development of the interbank deposit market, the People’s Bank of China decided that financial…

Sep 1, 2017
Xu Wei
PBOC Withdraws USD6 Billion From Market Via Maturing Reverse Repos

PBOC Withdraws USD6 Billion From Market Via Maturing Reverse Repos

China's central bank, the People’s Bank of China (PBOC), has withdrawn CNY40 billion (USD6 billion) from the financial system via open market operations on Thursday.

Aug 31, 2017
Liao Shumin
China to Process All Online Payments via Centralized Clearing Platform From June 2018

China to Process All Online Payments via Centralized Clearing Platform From June 2018

All online payment transactions in China involving bank accounts will be processed through a centralized online payment clearing platform starting…

Aug 7, 2017
Xu Yanyan
Slowdown in M2 Growth Is Positive, Yet Challenging, Says Senior PBOC Monetary Policy Manager

Slowdown in M2 Growth Is Positive, Yet Challenging, Says Senior PBOC Monetary Policy Manager

M2 (broad money), a measure of money supply used by central banks, grew at single-digit rates for two consecutive months…

Jul 27, 2017
Song Yikang
PBOC Liquidity Injections See Highest Investment Week Since Chinese New Year

PBOC Liquidity Injections See Highest Investment Week Since Chinese New Year

The People’s Bank of China has injected liquidity after corporate tax payments and other factors caused a sudden sharp tightening…

Jul 26, 2017
Xu Yanyan
China’s Central Bank Will Enhance Financial Risk Contingency Mechanisms

China’s Central Bank Will Enhance Financial Risk Contingency Mechanisms

China’s central bank, the People’s Bank of China (PBOC), will ratchet up risk monitoring efforts focusing on risks in key…

Jul 26, 2017
Xu Wei
FSDC Must Improve Regulation, Coordination to Boost Financial Reform and Opening Up, PBOC Says

FSDC Must Improve Regulation, Coordination to Boost Financial Reform and Opening Up, PBOC Says

China should deepen financial reforms and further open up its finance industry, the central bank said in a press briefing yesterday.

Jul 18, 2017
Xu Wei
Allowing Greater Fluctuations in the Yuan Exchange Rate Now Imperative, Says PBOC

Allowing Greater Fluctuations in the Yuan Exchange Rate Now Imperative, Says PBOC

An expert urges greater fluctuations in the yuan exchange rate in a report today by the Financial Times media arm of the People’s Bank of China (PBOC). 

Jul 12, 2017
Xu Wei
China to Curb Risks in, Standardize the Financial Market’s Innovative Development, PBOC Says

China to Curb Risks in, Standardize the Financial Market’s Innovative Development, PBOC Says

China’s central bank will prioritize risk prevention and control this year, and continue to standardize innovation in and development of the financial market.

Jul 6, 2017
Yicai Global
China Should Implement Prudent and Neutral Monetary Policy to Maintain Stable Liquidity, PBOC Says

China Should Implement Prudent and Neutral Monetary Policy to Maintain Stable Liquidity, PBOC Says

People’s Bank of China said yesterday on its official website that its monetary policy commission recently convened the regular session for the second quarter in Beijing.

Jul 5, 2017
Xu Wei
Northbound Bond Progress and Market Demand Will Determine Southbound Bond, Says PBOC Deputy Governor

Northbound Bond Progress and Market Demand Will Determine Southbound Bond, Says PBOC Deputy Governor

Against the backdrop of the 20th anniversary of Hong Kong’s return to China, the Bond Connect kicked into gear officially on July 3.

Jul 4, 2017
Xu Wei

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