Page 2 - People’s Bank Of China

Understanding the e-yuan initiative

There is merit in carefully examining the recent developments in China's sovereign digital currency space and participating in it if India's interests are served

Jack Ma's Ant Group set to apply for China finance licence this month

The People's Bank of China intends to accept Ant's application to become a financial holding company once it's submitted

China cuts banks foreign reserve requirement ratio to support yuan

The PBOC previously raised the FX reserve ratio for financial institutions by 200 basis points in December 2021, to rein in a rising yuan and make it more expensive for banks to hold dollars

China to work with Asian nations to grow use of local currencies in trade

Last month, the People's Bank of China (PBOC) extended a bilateral currency swap pact with Bank Indonesia for three years to deepen financial cooperation and promote investment

China-US monetary policy divergence aids yuan stability: Ex-regulator

'Therefore Sino-US monetary policy divergence will likely become greater,' Guan Tao, global chief economist at BOC International said

China central bank cuts reserve requirement ratio as economy slows

The People's Bank of China will reduce the reserve requirement ratio by 0.5 percentage point for all banks except those that are already on the lowest level of 5%, according to a statement

Evergrande debt woes are 'manageable', says People's Bank of China

Chinese authorities are urging Evergrande to step up asset disposals and the resumption of projects, Zou Lan, head of financial markets at the People's Bank of China (PBoC), told a briefing

China pumps in $14-billion cash as Evergrande's pain roils markets

Extended and severe economic slowdown seems probable, say economists

China's central bank vows to boost credit support, stabilise money growth

The People's Bank of China will keep monetary policy stable with a good cross-cyclical design and will support high-quality economic expansion with "appropriate money growth," according to a statement

China's financial regulators draft tougher rules for too-big-to-fail banks

Chinese authorities have started to evaluate systemically important banks this year by measuring assets of the nation's 30 largest lenders.

Hong Kong ex-lawmaker Ted Hui says his bank accounts have been frozen

Five accounts belonging to Hui, his wife and parents have been inaccessible since Saturday, he said in an interview with the newspaper

China injects $101 billion to ease liquidity, holds interest rate

The People's Bank of China (PBoC) added 700 billion yuan ($101 billion) of one-year funding via the medium-term lending facility

China pledges policy support in H2 amid 'complex' economic situation

"Many problems facing China are expected to exist for the medium- to long-term. (We) must have the mindset to fight a long-term battle," it added

AIIB, central bank among 16 China-based entities registered as FPI in India

While AIIB is a multilateral development bank, which has got India as a member too, PBoC is China's central bank

China's digital money

The launch could help internationalise the yuan

The Reliance game plan

The Facebook investment is a high-stakes gambit with dual possibilities

China's central bank conducting tests of digital yuan payment in 4 cities

The DC/EP system remains in a period of research and development, and that the pilots do not mean the PBOC has officially issued digital yuan

DPIIT, Finance Ministry locked horns before tweak in FDI guidelines

Since the FDI notification was meant to restrict, than expand, the ambit of foreign investment, it was initially opposed by the finance ministry

India blocks automatic FDI route for neighbours to curb hostile takeovers

Until now, Chinese investments were automatically allowed, similar to those from other nations, in all but 16 sectors, such as telecom, defence, and national security.

Chinese investment into Indian markets amid meltdown draws Sebi's attention

The issue surfaced after the shareholding pattern disclosed by HDFC showed the People's Bank of China had hiked its stake in the mortgage lender during the March quarter