China
Reserve managers must reconsider strategies: CentralBanking.com panel
Central bank reserve managers must think about diversification to better prepare for future crises, panellists say
HKMA’s Chan allays concerns over marginalisation of HK dollar
Hong Kong Monetary Authority chief executive Norman Chan dismisses concerns Hong Kong dollar is being substituted by renminbi
IMF paper identifies Chinese credit market distortions
IMF study shows asymmetry in Chinese business cycles owes to non-uniform credit market imperfections and real exchange rate policy
China’s cross-border yuan settlement rises 6%
Yuan cross-border settlement increased by 6% in early 2011 as plans to internationalise yuan-based trade materialise
IMF’s Lipsky considers yuan in future SDR
IMF first deputy managing director John Lipsky says renminbi is “serious candidate” for inclusion in special drawing rights
Thai governor becomes latest to attack IMF capital controls framework
Bank of Thailand governor Prasarn Trairatvorakul’s criticisms of IMF framework on capital controls come after similar comments from Brazilian, Indian officials
China and US could 'step up' cooperation
Zhou Xiaochuan believes increased cooperation between China and the US on financial reform and regulation is possible
China to ‘strengthen investigation' into shadow banking problems
“Risk control situation is grim,” warns top banking regulator
China set to sign currency swap with Mongolia
Bank of Mongolia to sign currency swap agreement with People’s Bank of China; deal will mark Beijing’s tenth such deal in less than three years
Bank Negara Malaysia sets up shop in Beijing
Bank Negara Malaysia signs agreement with People’s Bank of China to open representative office in Beijing
China to broaden cross-border renminbi trade settlement
People’s Bank of China director of monetary policy Li Bo says central bank plans to expand pilot for cross-border renminbi trade to more regions on the mainland
CIC to receive up to $200 billion in new funds: reports
China Investment Corp to get injection of between $100 billion and $200 billion as Beijing attempts to find home for excess reserves
China demands banks conduct stress tests on property loans
Chinese banks must carry out new stress tests
Singapore challenges Hong Kong over global yuan hub status
Singapore agrees to open Chinese bank to clear yuan trades; Hong Kong’s plans to become centre for offshore yuan trade at risk
China agrees $3.83 billion currency swap with New Zealand
People’s Bank of China and Reserve Bank of New Zealand sign $3.83 billion currency swap deal to further facilitate renminbi trade
China raises banks' required reserves again
China hikes reserve requirements once more; from April 21 banks must retain 20.5%
China economy booms as inflation soars
National Bureau of Statistics of China reveals economic growth of 9.7%; inflation reaches three-year high
RBA's Stevens on China's expansion
Reserve Bank of Australia governor Glenn Stevens says he expects China's growth to continue to eclipse other emerging economies
Bank of Canada paper on enhancing GDP forecasts
Bank of Canada study says pooling methodologies can improve accuracy of GDP forecasts
Financial Stability Board publishes survey responses
Comprehensive survey answers reveal FSB member countries’ plans to conform with the G-20’s recommendations for strengthening financial stability
Renminbi revaluation effects on India: RBI paper
Reserve Bank of India study says revaluation of renminbi will impact India’s exports sector
Beijing official renews call to move away from “dollar trap"
Report by think-tank economist claims the international monetary system lacks stability and fairness as a result of dollar dominance
China and HK central banks close to finalising new CNH clearing arrangement
Market participants are close to completing the legal and operational details relating to a new custodian account arrangement that would allow the city's participating banks in offshore renminbi to take credit risk against the People's Bank of China…
IMF’s Lipsky warns of widening global imbalances
IMF first deputy managing director John Lipsky says advanced and emerging economies must rethink growth strategies to prevent global imbalances from widening