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World 29 Dec 2020 | 12:38 AM

China unifies disclosure rules for corporate credit bonds

BEIJING, Dec. 28 (Xinhua) -- Chinese authorities have unified the rules on information disclosure concerning all aspects of a company's corporate credit bonds, with the aim of better protecting investors.

World 28 Dec 2020 | 12:39 AM

Fact Check: Financial authorities' regulatory talks with Ant Group

BEIJING, Dec. 27 (Xinhua) -- The People's Bank of China (PBOC), the China Banking and Insurance Regulatory Commission, the China Securities Regulatory Commission, and the State Administration of Foreign Exchange carried out regulatory talks with Ant Group on Saturday.

World 11 Oct 2020 | 1:04 AM

1st LD-Writethru: China scraps reserve requirement for forward forex trading

BEIJING, Oct. 10 (Xinhua) -- China's central bank announced on Saturday that it will scrap the reserve requirement for forward forex trading starting Oct. 12.

World 01 Oct 2020 | 12:38 AM

China establishes countercyclical capital buffer mechanism

BEIJING, Sept. 30 (Xinhua) -- China has establish a countercyclical capital buffer mechanism in the latest move to diversify the macro-prudential policy toolbox, said the country's central bank and banking and insurance regulator.

World 29 Sep 2020 | 12:17 AM

China's central bank to better support real economy

BEIJING, Sept. 28 (Xinhua) -- China's central bank has pledged to step up support for the real economy amid efforts to further lower lending rates and financing costs via reform.

World 26 Sep 2020 | 12:39 AM

1st LD-Writethru: PBOC welcomes Chinese bonds inclusion in FTSE Russell

BEIJING, Sept. 25 (Xinhua) -- The People's Bank of China (PBOC), the country's central bank, said on Friday that it welcomes FTSE Russell's announcement to include Chinese bonds in its World Government Bond Index (WGBI).

World 04 Aug 2020 | 12:44 AM

1st LD-Writethru: China's central bank pledges continued opening-up of financial industry

BEIJING, Aug. 3 (Xinhua) -- The People's Bank of China (PBOC), the central bank, said Monday that it will resolutely push forward the opening-up of the country's financial industry in a sound and orderly manner.

World 01 Aug 2020 | 1:19 AM

China extends transitional period for new asset-management rules

BEIJING, July 31 (Xinhua) -- China will extend the transitional period for the implementation of its new asset-management rules by another year to ease the pressure on financial institutions due to the COVID-19 epidemic, the country's central bank announced Friday.