Tag "PBoC"
Shadow banking in China: the potential for financial domino effect
Limits in acquiring capital push Chinese firms to rely on shadow banking, in turn finding a large and willing customer base, risking China’s stability.
Three things to consider about Trump’s plan to brand China as a ‘currency manipulator’
The US dollar rallied after Trump’s victory, forcing the People’s Bank of China (PBOC) to lower the yuan’s reference rate for 11 consecutive trading days.
Yuan turbulence bolsters China’s liberalisation efforts
The PBoC decided in mid-2015 to weaken the peg to the US dollar, triggering a yuan devaluation and market turbulence, but also opportunities for investors.
China explores its monetary easing toolkit
The People’s Bank of China (PBoC) has flooded China’s financial system with record amounts of cash this past week to pre-empt the annual liquidity crunch ahead of the Lunar New
How 3 Asian countries are reacting to Bitcoin
While many associate digital currencies such as Bitcoin with places like Silicon Valley, in actuality the major region for cryptocurrency activity is Asia. The three largest economies in the Asia
Impacts of the yuan’s inclusion in the SDR currency basket
The IMF has now recognized the yuan as a global reserve currency but is the move largely symbolic? Last week, the IMF announced that the yuan (also called the renminbi)
Which countries are most exposed to China’s currency devaluation?
China’s decision to let the yuan depreciate last week came for a number of reasons, including being a needed boost for Chinese export industries. But there are two sides to
China’s monetary and exchange rate problems increase with reform
The recent cuts in Chinese interest rates underline the economic headaches that China is facing. Between long-term reforms and short-term weakening, there appears to be no easy solution for China’s monetary policy.
China’s interest rate cut not as reformist as it seems
China’s recent interest rate cut could ease corporate debt financing pressure. But at the same time, by expanding the floating range of interest rates on bank deposits, China could move towards more financial
China’s internet banking faces tightened regulations
China’s central bank is considering regulations that would curb the development of China’s internet banking innovation. Facing rising domestic financial risks, Chinese policy makers seem to be liberalizing the financial
