Tags » People's Bank Of China

China's central bank thinks digital currency can do one thing cash can't

China’s central bank, the People’s Bank of China (PBoC), has been working to develop its own digital currency. Having recently completed a trial run of its cryptocurrency based on blockchain technology, the PBoC is moving closer to becoming one of the first central banks to issue digital money. 339 more words

Chinese corporate debt levels 'excessively high'

China’s race to meet official growth targets has led to critical levels of debt amongst Chinese companies as they fuel expansion overseas, the country’s central bank has said. 217 more words

Yancoal

17 Mar 2017 (AFR) - China follows Federal Reserve with interbank rate rise

(17 March 2017, AFR, p18, by Lisa Murray)

‘China’s central bank has responded to the Federal Reserve by raising interbank interest rates in a bid to avoid downward pressure on the yuan from investors chasing higher returns and shifting their money to the US. 41 more words

1.Market Observations

China is pretending like it didn't just raise interest rates

Hours after the US Federal Reserve raised interest rates yesterday, China’s central bank followed suit, hiking rates for the second time this year. But, wait—no it didn’t. 315 more words

China's bitcoin traders are finding new ways to trade after an official clampdown

China’s central bank has stepped up oversight of bitcoin exchanges this year, leading major trading platforms to impose halts on withdrawals and other checks to appease the regulator.  285 more words

Bitcoin Markets Slide as China Steps up Regulatory Scrutiny

Markets for bitcoin and other digital cryptocurrencies dipped by more than 7% on February 9th, following news that the People’s Bank of China, the country’s central bank, was tightening regulatory pressure. 272 more words

Tech

Wall Street Struggles to Cash In on Yuan’s Swoon

High cost of borrowing in China, country’s effort to punish short sellers are cited

By SAUMYA VAISHAMPAYAN and CAROLYN CUI
The Wall Street Journal

Jan. 21, 2017 9:00 a.m. 605 more words