Property purchasers to get more safeguards2021-10-18
The cut in the mortgage rate in several Chinese cities, which came after a rare reference by China's central bank to property market stability, may suggest more sophisticated measures regarding housing loans are in the pipeline to safeguard the healthy development of the real estate market and protect homebuyers' lawful rights, said industry experts.
Forum pushes for green financing to help low-carbon transition2021-10-18
Senior Chinese officials and policy advisers have called for more market-based moves to promote a low-carbon transition, including giving full play to the pricing mechanism in green finance and accelerating the development of carbon accounting.
More support pledged for private businesses2021-10-18
China will strengthen credit information connection and sharing between enterprises and finance institutions to meet financing demand from small and micro businesses, and efforts will be made to ensure support for private businesses is delivered in a timely manner and in full, officials and an analyst said on Friday.
Green finance grows to meet carbon goals2021-10-18
China has seen more financial resources funneled toward green projects as it embarks on the path of carbon neutrality, according to a report published on Wednesday, which coincided with the first anniversary of the announcement of the country's ambitious climate targets.
China to expand cross-border use of RMB2021-10-18
China will expand the use of its currency, the renminbi (RMB), in cross-border payments amid efforts to advance RMB internationalization, said a central bank report released on Saturday.
Lengthy QE moves abroad striking alarm2021-10-18
China's former central bank governor warned of the negative effects arising from prolonged monetary easing in some advanced economies, as asset prices are rising to record highs.