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  • China's ride-hailing giant Didi, central bank partner on use of digital currency in smart travel scenarios

    China's ride-hailing giant DiDi Chuxing (Didi), announced on Wednesday that it had inked a strategic cooperation agreement with the digital currency research institute of the People's Bank of China (PBOC), the country's central bank, to explore application of digital yuan in smart travel scenarios.

    July09,2020


  • China's central bank skips reverse repos

    The People's Bank of China (PBOC), the country's central bank, skipped open market operations via reverse repos on Monday.

    July06,2020


  • China's demand for loans increases in Q2: central bank

    China saw stronger overall demand for loans in the second quarter of this year as economic activities remain on the track to recovery, a central bank survey showed.

    July06,2020


  • China's central bank to lower refinancing, rediscount rates

    The People's Bank of China (PBOC), the country's central bank, has decided to lower refinancing and rediscount interest rates.

    July01,2020


  • China's central bank injects 100 bln yuan into market

    China's central bank on Sunday pumped cash into the banking system via reverse repos to maintain liquidity.

    June28,2020


  • China's central bank issues 10 bln yuan of bills in Hong Kong

    China's central bank on Tuesday issued 10 billion yuan (about 1.42 billion U.S. dollars) of six-month renminbi central bank bills in Hong Kong with an interest rate of 2.21 percent.

    June24,2020


  • China's central bank injects 200 bln yuan into market Tuesday

    China's central bank on Tuesday pumped cash into the banking system via reverse repos to maintain liquidity.

    June23,2020


  • China's bond issuance flat in May

    The value of bonds issued in China last month totaled 4.8 trillion yuan (about 676.9 billion U.S. dollars), the same as the amount issued in April, data from the country's central bank showed.

    June22,2020


  • China's central bank injects 120 bln yuan into market Monday

    China's central bank on Monday pumped cash into the banking system via reverse repos to maintain liquidity.

    June22,2020


  • China's central bank vows ample liquidity to support coronavirus-hit economy

    China's central bank vowed Thursday to keep financial liquidity at a reasonable and adequate level in the second half of the year, amid efforts to tackle the impact of COVID-19 on the economy.

    June19,2020


  • China central bank continues to inject liquidity via reverse repos

    China's central bank on Monday continued to pump cash into the banking system via reverse repos to maintain liquidity.

    June08,2020


  • China to keep closer eye on financial risks amid pandemic challenges: PBOC

    China's financial risks are generally under control, while challenges remain as the COVID-19 pandemic has dealt a severe blow to global economic growth, said the central bank.

    June01,2020


  • China's central bank injects 240 bln yuan into market Thursday

    China's central bank on Thursday continued to pump cash into the financial system via reverse repos to maintain liquidity in the market.

    May28,2020


  • RRR for financial institutions drops to 9.4 pct: central bank

    The average reserve requirement ratio (RRR) for financial institutions stood at 9.4 percent on May 15, down 5.2 percentage points from the beginning of 2018, the People's Bank of China (PBOC) said.

    May26,2020


  • China's central bank to extend takeover of Baoshang Bank

    China's central bank on Saturday announced the extension of the takeover of the Inner Mongolia-based Baoshang Bank for another six months, starting Sunday.

    May25,2020


  • China's central bank issues 30 bln yuan of bills in Hong Kong

    China's central bank Thursday issued 30 billion yuan (about 4.23 billion U.S. dollars) of bills in Hong Kong.

    May14,2020


  • China to maintain stability of yuan exchange rate: central bank

     China's central bank said Sunday it would further deepen the reform of the yuan's exchange rate formation mechanism and maintain the basic stability of the exchange rate at a reasonable and balanced level.

    May11,2020


  • China central bank vows to increase counter-cyclical adjustment

    China's central bank said Sunday that it will step up counter-cyclical adjustment to support the real economy and fend off risks.

    May11,2020


  • China central bank says no foundation for sustained inflation, deflation

    China's central bank said on Sunday that despite short-term price disruptions caused by the COVID-19 epidemic, there was no foundation for persistent inflation or deflation in the country.

    May11,2020


  • China's central bank to issue 30-bln-yuan bills in Hong Kong

    China's central bank said Friday that it would issue two batches of bills worth 30 billion yuan (about 4.24 billion U.S. dollars) in Hong Kong on May 14.

    May08,2020


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