People's Bank of China

New Business Jobs

China’s central bank enters treasury bond market with net buy of 100 billion yuan

China’s central bank has conducted its first treasury bond trade in nearly two decades in open markets, debuting a long-awaited…

Read More »
New Business Jobs

China to push supportive monetary policy as financial risks ease: central bank chief

The maturing debt of “most” of these financing platforms had either been extended, restructured or replaced, Pan said, adding that…

Read More »
New Business Jobs

US-China financial working group seek to ‘strengthen’ cooperation in times of stress

Senior finance officials from China and the United States agreed to carry out timely communication in times of financial stress…

Read More »
New Business Jobs

Why China’s risky bond rally has put PBOC on the offensive to optimise yields

The rate continued to fall, dipping below 2.1 per cent this month before PBOC intervention sent it back up to…

Read More »
New Business Jobs

How easily can foreigners travel to China and spend money in August 2024?

Chinese mobile payment platforms, dominated by domestic firms, cater to locals and restrict use by foreigners due to financial and…

Read More »
New Business Jobs

Hong Kong signs agreement with People’s Bank of China to enhance Faster Payment System

The Hong Kong Monetary Authority (HKMA) has signed an agreement with the Chinese central bank to promote cross-border linkages for…

Read More »
New Business Jobs

As mainland China broadens yuan’s global appeal, Hong Kong may play larger role

As mainland China attempts to broaden the use of the yuan in international transactions, Hong Kong will likely have a…

Read More »
New Business Jobs

Panda bond sales hit record as cheap credit lures global issuers

Sales of panda bonds jumped to a record US$17 billion so far this year, as foreign borrowers piled into China’s…

Read More »
New Business Jobs

Luxury brands in China take hit on low consumer confidence as economy slows

China’s slowing growth has begun to weigh on luxury brands such as LVMH and Chow Tai Fook, as consumers in…

Read More »
New Business Jobs

China’s bond rally sends yields to record lows, prompting concerns of ‘disrupting’ economy

In China’s 10-year treasury bond market, the Ministry of Finance is looking to manage liquidity amid mounting concerns among policymakers…

Read More »
Back to top button