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China reports increase in household deposits
China's newly-added RMB household deposits stood at 6.47 trillion yuan (about 914.9 billion U.S. dollars) in the first quarter of the year, about 400 billion yuan more than the same period last year, official data showed.
April20,2020
PBOC sets up deposit insurance fund management firm
The People's Bank of China (PBOC), China's central bank, set up a deposit insurance fund management company last Friday with registration capital of 10 billion yuan, according to the National Enterprise Credit Information Publicity System.
May31,2019
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