China has appointed Pan Gongsheng as the new central bank governor, ahead of a high-level meeting on financial policies and regulations.
July 28, 2023China's digital yuan is gaining traction in domestic transactions, including in the aviation sector and in a Hong Kong shopping festival.
July 20, 2023Pan Gongsheng replaces Guo Shuqing as party chief and is expected to also replace Yi Gang as central bank governor.
July 2, 2023The China Beijing Green Exchange was launched with the aim of building itself into a national-level green exchange.
February 6, 2023Congressional advisory body USCC says a new committee should be formed to develop options to respond to possible hostile action by China against Taiwan.
November 18, 2022Banks are directed to expand lending to SMEs amid concerns that China could struggle to record positive growth in the current quarter.
May 27, 2022Domestic banks will be able to access other Asian currencies via cross-currency repo and other collateralised transactions with Bank Indonesia.
February 18, 2022Key areas of collaboration to enhance Hong Kong's roles as an international financial centre include CBDC, regtech, green finance development.
December 13, 2021The PBOC will improve the e-CNY's settlement efficiency, privacy protection, anti-counterfeiting measures, and interoperability with existing payment tools.
November 12, 2021While PBOC officials are framing the Evergrande crisis as an isolated situation, problems in the property sector have broader implications for banks and investor confidence.
October 21, 2021