2 stories tagged #PBOC

  1. Chinese Banks Become Net Borrowers for First Time in 7 Months
    finance

    Chinese Banks Become Net Borrowers for First Time in 7 Months

    Chinese banks flip to net borrowers in short-term funding, signaling tightening liquidity as the PBOC withdraws $27.5 billion from the system.

    yesterday 1 min read
  2. China Plans National Clearinghouse to Bolster Digital Yuan
    crypto

    China Plans National Clearinghouse to Bolster Digital Yuan

    China's central bank proposes a union-pay style clearinghouse for the digital yuan, aiming to solidify the e-CNY's financial infrastructure.

    4d ago 1 min read