China
Malaysia to play key role in financial integration
Malaysia can play a significant role in integrating East Asian financial markets such as developing the Asian Bond Market (ABM), Asian common currency and the proposed Asian bond banks, economics professor Dr S. Ghon Rhee said.
PBOC issues property bubble warning
The People's Bank of China warned Monday 15 August that China faces a potential property "bubble" which could leave banks with huge losses if it burst.
China agency calls for yuan band widening
China's National Development and Reform Commission has suggested that the yuan's trading band be widened to 2 percent from the current 0.3 percent.
China’s currency conundrum
China’s exchange rate reform does not solve the problems facing international policymakers says David Hale.
China will hold down the Rmb
This comment is contributed by Steve Hanke, professor of economics at Johns Hopkins University.
China’s reform of its banking system
Li Ruogu highlights four key areas where China has looked to strengthen its burgeoning banking sector.
Interview: Li Ruogu
In this exclusive interview, the deputy governor of the People’s Bank of China provides the background to the recent reform of its exchange rate system, the current monetary policy, China’s role in the international monetary system and its reserve…
PBOC says money supply growth 'suitable'
M2, the broad measure of money supply, grew 16.3 per cent year-on-year by the end of July, the People's Bank of China (PBoC) announced in Beijing Friday 12 August.
A punch bowl made in China
China is supplying a punch bowl to keep the party going despite the Federal Reserve's best efforts, according to an article published on Wednesday 10 August. So consumers can thank Beijing and other Asian central banks for all the cheap credit, it says.
PBOC's Xiaochuan on developing capital markets
In the speech 'Improve corporate governance and develop capital market' given on 13 July, Zhou Xiaochuan of the People's Bank of China said if we hold the view that the objective of financial sector reform is to make the financial institutions stronger…
CITIC Securities to revamp China Securities
China's CITIC Securities Co confirmed media reports on Friday 12 August that it is teaming up with Jianyin Investment Ltd, an investment arm of the central bank, to restructure Beijing-based China Securities Co.
Comment: China points way to wider reform
Robert Pringle, editor of Central Banking, explains why China's recent moves underline the need for a wider reform of world money (extracts from an interview with the German newspaper, Handelsblatt published on 11 August).
PBOC's Xiaoling on financial theoretic research
In a speech given on 3 June (published 10 August) Wu Xiaoling of the People's Bank of China said researchers need to be objective, independent and scrupulous with the research work and this will help promote China's economic and financial theoretic study.
Australian govt to quiz RBA chief on economy
Reserve Bank of Australia governor Ian Macfarlane will be grilled Friday 12 August on the chances of another rate rise, or possibly a rate cut, in coming months.
China reveals details of yuan basket
China announced major currency market reforms on Wednesday 8 August and also published details of the basket of currencies to which the bank refers in managing the float of the yuan.
US Treasury confident of China yuan moves
The Bush administration expects China will continue to move toward greater currency flexibility even though the steps taken so far have been small, a top Treasury Department official said.
Economist says China should resist yuan pressure
A senior Chinese economist and government advisor has said China should not give in to further US pressure to change the value of the yuan following last months shift.
Shocks may pose threat to China, says Nobel winner
Edward Prescott, the Nobel 2004 economics prize laureate, told an economics conference in Singapore on Friday 5 August China's fast growth rate may mean the economy is vulnerable to external shocks.
ECB rates on hold a while longer says Stark
The ECB's decision not to change rates at its meeting on Thursday 4 August was foreshadowed in a newspaper interview with Bundesbank Vice President Juergen Stark who said muted price pressures allow rates to remain on hold for a while longer.
PBOC: China will adjust yuan band at 'proper time'
China will carry out further adjustments to the yuan's trading band only at the 'proper time', the People's Bank of China said on Thursday 4 August in its first monetary policy report since the recent announcement of currency reforms.
Dallas Fed's Fisher on the world economy
In the speech 'The world economy: Sharpening our peripheral vision' given on 29 July, Richard Fisher of the Federal Reserve Bank of Dallas said China's growing role in the global economy presented challenges to the United States, but that the U.S…
PBOC's Ning on China's bond market
In the speech 'Promoting actively development of China's bond market' given on 15 July, Su Ning of the People's Bank of China said he is confident that, with the efforts of all parties in China's bond market, the Chinese bond market is bound to see a…
China's yuan decision may not change things much
This article published on on Thursday 28 July suggests the enthusiasm which greeted China's recent currency revaluation was sorely misguided. Taken together, the details outlined in the announcement left the future of China's currency as murky as if the…
PBOC to reveal more details on yuan in next step
The People's Bank of China said on Friday 29 July that it will provide more details of its revaluation of the yuan in the next step, including more information on the basket of currencies for the yuan exchange rate.