Central Bank

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
Cross-Border Interbank Payment System (CIPS) to Settle in Shanghai, Says PBOC Governor

Cross-Border Interbank Payment System (CIPS) to Settle in Shanghai, Says PBOC Governor

Cross-border Interbank Payment System (CIPS) will settle in Shanghai in the near future to better serve the internationalization of the yuan and the construction of the Belt and Road Initiative

Jun 20, 2017
Yicai Global
China Is Still Second-Largest US Creditor After Its Holdings of US Debt Hit Six-Month High

China Is Still Second-Largest US Creditor After Its Holdings of US Debt Hit Six-Month High

Against the backdrop of growing signs of yuan stabilization, China's holdings of US Treasury bonds reached their highest level in six months in April.

Jun 16, 2017
Yicai Global
Financial Deleveraging Depresses M2 Growth to a Nadir in May

Financial Deleveraging Depresses M2 Growth to a Nadir in May

Latest data shows the financial deleveraging gradually taking effect

Jun 15, 2017
Yicai Global
PBOC Will Do Its Utmost to Refocus Finance Institutions on Real Economy, Deputy Governor Says

PBOC Will Do Its Utmost to Refocus Finance Institutions on Real Economy, Deputy Governor Says

China’s central bank will strive to shift financial institutions’ focus onto serving the real economy, said Chen Yulu, its deputy governor.

Jun 5, 2017
Yicai Global
Though the Yuan Exchange Rate Is Up by 700 Points, the Currency Is Still Short of Appreciating

Though the Yuan Exchange Rate Is Up by 700 Points, the Currency Is Still Short of Appreciating

The yuan has strengthened since Chinese regulators said they were mooting introducing countercyclical regulatory factors into the calculus for its…

Jun 1, 2017
Zhou Ailin She Qingqi
China’s Central Bank Issues Draft Regulations on Mainland-Hong Kong Bond Connect

China’s Central Bank Issues Draft Regulations on Mainland-Hong Kong Bond Connect

China’s central bank issued Interim Measures for the Management of Bond Connect Between Mainland and Hong Kong Bond Markets yesterday.

Jun 1, 2017
Yicai Global
China’s Monetary Policy Needs to Undergo Trial and Error, Central Bank Counselor Says

China’s Monetary Policy Needs to Undergo Trial and Error, Central Bank Counselor Says

The implementation of China’s ‘neutral, tightening’ monetary policy needs to undergo continuous trial and error as the nation looks to…

May 24, 2017
Zhou Ailin

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