Congressional 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, 2021Governor Yi Gang says the PBOC will continue to strengthen its supervision of fintech companies, while also improving policy transparency and predictability.
October 15, 2021PBOC governor Yi Gang warns that quantitative easing and ultra-low interest rate policies can be damaging to market functions.
October 1, 2021Banks are asked to refrain from cutting off funding to developers, continue supporting projects under construction, and approve mortgages for homebuyers.
October 1, 2021Banks are told to build up capital to improve their ability to provide credit to MSMEs, technological innovation, and green development.
August 27, 2021