China
China to start selling ultra-long term sovereign bonds
Authorities will start selling 30-year bonds as first stage of major fiscal stimulus
Asean+3 to launch new financing facility
Thirteen Asian states say fund will deal with exogenous shocks’ effects on balance of payments
BIS’s Zhang Tao on why Asian central banks favour a broader policy mix
The BIS’s Asia chief speaks with Christopher Jeffery and Jimmy Choi about supporting liquidity, financial stability and innovation in the Asia-Pacific region
Former head of PBoC’s digital currency arm under investigation
Probe comes after Beijing launched a three-month anti-graft inspection
Chinese policy-makers warm to PBoC bond trading
PBoC’s trading of government bonds will be different from QE, central bank official says
PBoC withdraws liquidity and holds key rate
Policy-makers refrain from easing despite weak inflation and exports data
PBoC steps up funding support for tech development
Central bank sets up a 500 billion yuan re-lending facility for tech firms
People: January to March 2024
A round-up of central bankers in the news and on the move during the past three months
PBoC chief urges Asian nations to push for IMF quota reform
Pan Gongsheng says a redistribution of quotas at the IMF is long overdue
IMF chief urges China to adopt pro-market reforms
Comprehensive reforms could add $3.5 trillion to economy over next 15 years, Georgieva says
Malaysia using more yuan and ringgit for trade, BNM says
Central bank says the use of dollars for settlement has remained stable over last 14 years
PBoC keeps benchmark rates unchanged
Markets expected decision to hold one-year and five-year loan prime rates
Chinese authorities reshuffle monetary policy committee
Four new members include securities regulator, PBoC deputy governor and two academics
PBoC holds key policy rate
Central bank holds off easing amid yuan weakness and banks’ narrowing margins
China sets 5% growth target
Economists question whether government can achieve GDP goal, given weakness in economy
PBoC pledges to improve visitors’ payment experience
China’s central bank tells firms to make mobile and card payments easier for foreign nationals
China makes record cut to mortgage reference rate
PBoC unveils 25bp reduction in five-year LPR in further bid to revive flagging property sector
PBoC holds key rate
China’s central bank refrains from further stimulus amid weak yuan
BoT to promote financial literacy with TikTok
Thai central bank plans to develop educational resources with Chinese-owned video-sharing platform
Consumer prices in China fall at fastest pace since 2009
Central bank says it expects modest rebound
Chinese government replaces head of securities regulator
Move follows pledge by authorities to stabilise markets in wake of share selloffs
China ‘gradually decreasing import dependence’
However, Fed research says reliance on export markets precludes any de-linking from global economy
Chinese growth likely to slow to 3.5% by 2028, says IMF
State officials reject institution’s findings, claiming economic trajectory is positive and risks manageable
PBoC steps up funding for development projects
Central bank injects 150 billion yuan amid slew of government measures to bolster property sector