Tag: pboc

China is accelerating the international rollout of its digital yuan, shifting focus from retail trials to programmable, cross-border use cases. As treasurers weigh the strategic implications, new pilots and infrastructure moves suggest the e-CNY may soon play a more central role.

Payment Connect, which currently involves 12 financial institutions, links Hong Kong's FPS with China's IBPS, and went live on June 22.

The swap line will help Hong Kong banks to provide trade financing liquidity.

According to BNP Paribas, the Rmb might “initially react negatively”, however, the USD upside is likely to be limited by the Fed rate cut outlook.

The People's Bank of China is stepping in to curb a rush into sovereign debt amid economic weakening, a rare move aimed at stabilising the financial markets.

Increased supervision of China's banks would likely contribute to the stability of the global financial system, given the nation's large economy and its importance to emerging markets.

Federal Reserve and European Central Bank among institutions that contributed to report laying out key requirements for CBDCs. China’s PBOC wasn’t involved.

Central bank has developed offsite monitoring system for payment settlements and will continue to support SupTech’s adoption, according to its deputy governor.

Shanghai drafts rules for its ‘Nasdaq-style’ tech board, Philippines sets new rules on cryptocurrencies, Malaysia fines Deloitte over 1MDB, ISDA warns on regulatory fragmentation

Despite the trade war, fundamentals in China are still strong. For treasurers looking for a balanced portfolio, ‘barbelling’ might be the way forward

China’s central bank is contemplating ways to make life easier for digital traders to make cross-border payments and reduce the risk of fraud, CT understands

The People’s Bank of China has announced a cut in the reserve required ratio – a move that is expected to inject $175bn into the economy - but treasurers should still be wary of reading too much into the move