People’s Bank of China (PBoC)
Chinese draft law sets up financial stability fund
New government committee would oversee financial stability as concerns grow
China expands e-yuan pilot
Beijing to trail use of central bank digital currency outside of Olympic Games centres
China holds loan prime rates
One-year remains at 3.7% and above five-years at 4.6%
Liu He intervention helps calm Chinese markets
Authorities promise easier policy as economy hit by Covid outbreak and Russia-Ukraine war
PBoC to fine Tencent over AML breaches, report says
Nationwide crackdown on money laundering announced in January
PBoC resumes profit transfer to government
Transfer of $158 billion follows two-year suspension during Covid-19 pandemic
PBoC keeps key rate on hold
MLF rate stays at 2.85%, as investors turn attention to second rate move next week
IMF warns Chinese economic recovery ‘lacks balance’
Focus on investment has set back progress towards “high-quality” growth, fund says
People’s Bank of China continues rate cuts
Cuts follow weaker growth figures as deputy governor promises stable credit growth
PBoC cuts rates as Xi warns against ‘rapid tightening’
Quarterly GDP growth hits lowest rate in 18 months as Xi calls for international policy co-operation
PBoC cuts reserve requirements
But easing measure partially offset by withdrawal of other liquidity support
PBoC hints at tilt to easier policy as growth slows
Third-quarter monetary policy report tweaked phrases, downplaying opposition to easy policy
Chinese governor says CBDC must balance privacy and anti-crime measures
Yi says PBoC will collect “minimum amount of information” as police report first CBDC-related arrests
China sets up $31 billion financing facility for ‘clean coal’
Move comes after PBoC excluded coal projects from eligibility for 'green bonds' finance
UK and China renew bilateral swap line
350 billion yuan swap line extended for a further five years
Fed warns of China debt risks
Financial Stability Report mainly optimistic about systemic health, including housing market
PBoC launches carbon-reduction monetary policy facility
Facility will offer low-cost loans for private firms investing in green projects
Data protection ‘high on the agenda’, says PBoC governor
The central bank has forced major fintech firms to hand over their customer data
China rolls out loss-absorbency rules for systemic banks
China to follow FSB standard, telling G-Sibs to build buffers worth 18% of risk-weighted assets
PBoC steps up efforts to safeguard cash use
Chinese central bank fines railway $78,000 over refusal to accept cash in ticket office
PBoC suffers headaches from growth, energy and Evergrande
Yi Gang mulls property sector risks, as China’s growth hits one-year low
Summers: digital yuan unlikely to threaten US dollar
Traceability of Chinese CBDC amid “financial thunderbolts” from Beijing may limit appeal, says former top US economics policy-maker
Evergrande tests China’s commitment to deleveraging
Chinese officials are having to choose between near-term growth and long-term economic health
PBoC governor says China does not need QE
Yi Gang says China has space to carry on with conventional monetary policy