BEIJING, Jan. 29 (Xinhua) — Bond issuances in China totaled 71 trillion yuan (about 10 trillion U.S. dollars) in 2023, up 14.8 percent year on year, according to data from the central bank.
Treasury
Tag: Bank
Chinese yuan incorporated in Bangladesh\’s RTGS system
DHAKA, Jan. 26 (Xinhua) — The central Bank of Bangladesh has included the Chinese yuan in the country\’s credit transfer system Real-Time Gross Settlement (RTGS), a senior official said Friday.
The cl
China to enhance cooperation with World Bank: vice premier
Chinese Vice Premier Ding Xuexiang, also a member of the Standing Committee of the Political Bureau of the Communist Party of China Central Committee, meets with a delegation of executive directors fr
China injects $140b into market, in major policy package to boost economy
Chinese policymakers on Wednesday issued a package of major policies to boost the country\’s economy, including cutting the amount of cash that banks are required to hold as reserves to inject nearly $
China announces reserve requirement ratio cut
BEIJING, Jan. 24 (Xinhua) — China\’s central bank will cut the reserve requirement ratio for financial institutions by 0.5 percentage points from Feb. 5, said Pan Gongsheng, governor of the People\’s B
Global economic recovery needs closer cooperation
A logo of the World Economic Forum (WEF) is seen in Davos, Switzerland, Jan. 19, 2024. The WEF concluded its 2024 annual meeting here on Friday, calling to rebuild trust in the face of global uncertai
Explainer: China emits fresh signals on building a financial powerhouse
BEIJING, Jan. 18 (Xinhua) — China has sent fresh and strong signals on building itself into a financial powerhouse as part of its efforts to pursue high-quality development of the financial sector.
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RMB cross-border settlement under current account hits 14.03 trln yuan in 2023
BEIJING, Jan. 12 (Xinhua) — RMB cross-border settlement under the current account reached 14.03 trillion yuan (1.98 trillion U.S. dollars) in 2023, central bank data showed Friday.
It involved 10.69
Procuratorate orders arrest of former vice president of China Development Bank
BEIJING, Jan. 11 (Xinhua) — Designated by the Supreme People\’s Procuratorate (SPP), the Jilin Provincial People\’s Procuratorate has lawfully made the decision to arrest Wang Yongsheng, a former vice
2024 New Year commemorative coins, banknotes officially issued
The 2024 New Year commemorative coins are displayed at an ICBC bank branch in Guiyang, southwest China\’s Guizhou Province, Jan. 9, 2024. (Photo: China News Service/Qu Honglun)
The round, copper-alloy