Proposed \’twin-peak model\’ seen modernizing rules, deepening reformChina seeks to set up a new national financial regulatory administration that will shoulder the responsibility of supervision over th
Tag: Bank
China to advance reform of central bank branches
BEIJING, March 7 (Xinhua) — China will advance reform of the branches of the People\’s Bank of China, the central bank, according to a plan on reforming State Council institutions submitted Tuesday to
Brazil\’s financial market raises 2023 economic growth forecast to 0.85 pct
BRASILIA, March 6 (Xinhua) — Brazil\’s financial market slightly upgraded its economic growth forecast for 2023, from 0.84 percent to 0.85 percent, the Central Bank of Brazil said Monday.It was the th
S.Korea, Indonesia renew currency swap deal for another 3 years
SEOUL, March 6 (Xinhua) — The central banks of South Korea and Indonesia on Monday agreed to renew their bilateral currency swap deal for three more years, according to the Bank of Korea (BOK).The BO
China\’s bond market issuances near 3.77 trln yuan in January
BEIJING, Feb. 26 (Xinhua) — Bond issuances in China neared 3.77 trillion yuan (about 546.84 billion U.S. dollars) in January 2023, data from the central bank shows.Treasury bond issuances amounted to
China drafts guideline for financial support in house rental
BEIJING, Feb. 25 (Xinhua) — China has drafted a guideline to regulate financial support for the house rental market and started soliciting public opinion.The guideline was jointly drafted by the Peop
China\’s central bank pledges targeted, effective monetary policy
BEIJING, Feb. 24 (Xinhua) — China\’s central bank on Friday pledged to make the prudent monetary policy targeted and effective to provide sustainable support to the real economy.In its fourth-quarter
Western countries play trick of a thief crying “Stop, thief!” by blaming China for Africa’s debt problems
Cartoon by Tan XiguangRecently, the International Monetary Fund (IMF), the World Bank and India, the rotating presidency of the Group of 20 (G20) held a video conference discussing the global debt iss
China\’s central bank continues to add liquidity via reverse repos
BEIJING, Feb. 24 (Xinhua) — China\’s central bank continued to inject funds into the financial system through open market operations on Friday.The People\’s Bank of China said on its website that it ha
China\’s central bank continues to add liquidity via reverse repos
BEIJING, Feb. 22 (Xinhua) — China\’s central bank continued to inject funds into the financial system through open market operations on Wednesday.The People\’s Bank of China said on its website that it