Tags » People's Bank Of China

S. Korean Finance Minister: Blockchain Can ‘Revolutionize The World’

While on a trip to China for economic talks, South Korea’s Finance Minister Kim Dong-Yeon spoke positively about the potential for Blockchain, saying that “Blockchain technology can disrupt and revolutionize the world,” 200 more words

News

The Largest Central Bank on the Planet

Despite the news coverage, the Federal Reserve is not the largest central bank in the world. Ditto for the European Central Bank, the Bank of Japan, and the mighty Bank of England. 370 more words

Finance

Why the World needs Dollars, and our Current Account Deficit

Over the years, China has quietly monetized yuan to buy dollars for the express purpose of making their currency cheap. This has helped their economy to maintain a competitive advantage as an export driven growth operation. 349 more words

Finance

Chinese Yuan at Two-Year High Against Dollar

Loosening of controls that had propped up the yuan does little in the face of broad dollar weakness

By Gregor Stuart Hunter
The Wall Street Journal… 491 more words

China aims to get more cross-border transactions done in yuan

REUTERS | Published — Friday 5 January 2018

Beijing has been promoting the international use of the yuan since 2009, and yuan settlement accounted for 16.9 percent of China’s total goods trade in 2016. 196 more words

Chinese central bank official said China should allow local governments to go bankrupt to...

Bloomberg

SHANGHAI (Bloomberg) — A Chinese central bank official said China should allow local governments to go bankrupt to help rein in regional authorities’ excessive borrowing. 251 more words

China

China – leading indicator? Stocks, credit policy, rebalancing and money supply

Macro Letter – No 88 – 08-12-2017

China – leading indicator? Stocks, credit policy, rebalancing and money supply

  • Chinese bond yields have reached their highest since October 2014…
  • 940 more words