All posts tagged "PBOC"
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208ChinaChina to Centralise Efforts to Resolve Overdue Payments to SMEs
The campaign aims to resolve arrear payments due to SMEs for projects, goods and services purchased by government agencies, state-owned institutions and large enterprises.
May 23, 2022 -
373ChinaShanghai Directs Exchanges, FIs to Resume On-site Operations
864 financial institutions are on a list of white-listed entities that are allowed to start sending employees back to the office. The list will be updated weekly.
May 20, 2022 -
301ChinaChina Lowers Mortgage Rates for First-home Buyers
The move is designed to revive the property market. Last week banks were also directed to adjust how they set deposit rates.
May 17, 2022 -
317ChinaPBOC Directs FIs to Bolster Support for Shanghai Borrowers
The PBOC's Yu Wenjian said increasing lending is a key area where FIs can help Covid-hit firms to restart work and production.
May 13, 2022 -
450ChinaFirst Rural Lender Added to Greater Bay WMC Scheme
Shenzhen Rural Commercial Bank has partnered with DBS Hong Kong to offer cross-border wealth management services to mainland residents in the GBA.
May 11, 2022 -
940ChinaShanghai Court Says Bitcoin is Protected by Law as ‘Virtual Property’
Shanghai's High Court said property rights protections apply to Bitcoin because it has a certain economic value and has the attributes of property.
May 10, 2022 -
464ChinaPBOC, CBIRC Probe Rural Banks Over Service Disruptions
Customers of multiple rural banks complained that banking service disruptions have prevented them from withdrawing their money.
May 9, 2022 -
408ChinaChina Announces Planned Measures to Boost Capital Market
The CSRC and stock exchanges will support fundraising by SMEs and real estate firms, and encourage listed companies, their shareholders, and institutional investors to buy more stock.
May 9, 2022 -
490ChinaPBOC, CBIRC Pledge to Support Growth of Real Estate, Tech Sectors
The pledge signals an easing of the year-long crackdown in the tech sector, and a move away from restrictive lending to the property sector.
May 6, 2022 -
371Capital Regulation
PBOC, CBIRC Issue Rules to Improve G-SIB Loss-absorbing Capacity
The notice is aimed at facilitating the issuance of non-capital bonds with loss-absorbing capacity by Chinese D-SIBs.
May 4, 2022
