people’s bank of china

China’s Central Bank To More Tightly Control Chinese FinTechs
China’s Central Bank To More Tightly Control Chinese FinTechs
September 02, 2019  |  Banking

The People’s Bank of China (PBoC) is looking toward new technologies to keep a closer eye on the nation’s FinTech, blockchain and digital lending markets....

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China Bank Loans Decline In July Amid Trade Tensions
China Bank Loans Decline In July Amid Trade Tensions
August 12, 2019  |  Cross-border Payments

Decreasing demands for loans has caused a July lending slowdown for Chinese financial institutions, The Wall Street Journal reported on Monday (Aug. 12). The climate...

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China’s Central Bank Readies Launch Of Digital Coin
China’s Central Bank Readies Launch Of Digital Coin
August 11, 2019  |  Blockchain

The People’s Bank of China (PBoC) said it is now ready to launch its own blockchain-based digital currency after five years of research, CoinTelegraph reported...

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People’s Bank Of China Ramps Up Crypto Development
People’s Bank Of China Ramps Up Crypto Development
August 04, 2019  |  Cryptocurrency

China’s central bank, the People’s Bank of China (PBoC), announced that it has accelerated the development of its own cryptocurrency, reported Cointelegraph on Sunday (Aug....

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China To Help Smaller Banks Retain Liquidity
China To Help Smaller Banks Retain Liquidity
June 10, 2019  |  Bank Regulation

China’s central bank announced over the weekend it plans to use several tools to keep liquidity in the market and that it will provide liquidity...

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Post-Baoshang Takeover, China Aims To Reassure Investors
Post-Baoshang Takeover, China Aims To Reassure Investors
June 02, 2019  |  Bank Regulation

China’s Central Bank said over the weekend that there won’t be any more takeover of banks after the government’s intervention with Baoshang Bank, an Inner...

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People’s Bank Of China To Regulate FinTech
People’s Bank Of China To Regulate FinTech
March 18, 2019  |  Legal & Regulation

The People’s Bank of China (PBOC) announced that it is planning to steadily develop a system of rules to regulate financial technology (FinTech) in the...

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Chinese Banks Reined In Lending In February
Chinese Banks Reined In Lending In February
March 10, 2019  |  South East Asia

Banks in China reined in lending in February coming off a record high at the start of 2019, reported The Wall Street Journal. The report, citing...

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Mastercard In Renewed China Push
Mastercard In Renewed China Push
February 22, 2019  |  Cross-border Payments

Mastercard, in an effort to gain entry into the Chinese market, is looking toward a joint venture that may help the card giant get a...

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