... iaochuan {周小川} at the Boao forum in Hainan about further easing of the renminbi exchange quota for Hong Kong residents, which is now set at 20,000 yuan per person per day. -- Contact HKEJ at digest@ej ...More
EJ Insight2014-04-15
People's Bank of China governor Zhou Xiaochuan {周小川} said Thursday in Shenyang that all local branches of the central bank should work together to speed up the marketization of interest rates, the Sec ...More
EJ Insight2014-03-28
... iaochuan {周小川} said on Tuesday. Any new breed of financial services, including online money market funds such as Alibaba Group's Yu'E Bao, will help promote the marketization of interest rates in Chin ...More
EJ Insight2014-03-12
... iaochuan {周小川} said he expects deposit interest rates to be liberalized in two years, completing the process of liberalization of the saving and lending interest rates that was started in June 2012. A ...More
EJ Insight2014-03-12
Central bank governor Zhou Xiaochuan {周小川} said any new breed of financial services, including online money market funds such as Alibaba Group's Yu'E Bao, will help promote the marketization of intere ...More
EJ Insight2014-03-11
... iaochuan {周小川}. Zhou did not provide further details. The paper cited sources as saying the system will have a compulsory insurance mechanism and insurance claims could cover more than 99 percent of s ...More
EJ Insight2014-03-11
... iaochuan {周小川} and Finance Minister Lou Jiwei {樓繼偉}, the report said. -- Contact HKEJ at [email protected] MY/AC/CG ...More
EJ Insight2014-03-10
The People's Bank of China fully endorses public sentiment that banks should have a narrower interest rate spread, Xinhua reported Saturday, citing governor Zhou Xiaochuan {周小川}. In a panel discussion ...More
EJ Insight2014-03-10
People's Bank of China governor Zhou Xiaochuan {周小川} said in an interview on Tuesday the central bank has no plans to take over Alibaba Group Holding Ltd.'s money market fund Yu'E Bao, but will introd ...More
EJ Insight2014-03-04
... iaochuan {周小川}, governor of the People's Bank of China, said the Chinese government will reform the country's fund-raising markets in the long term in order to curb shadow banking and increase the pro ...More
EJ Insight2014-02-24
People's Bank of China governor Zhou Xiaochuan {周小川} said that China will draw on international experience to keep tabs on China's growing but still relatively small shadow banking sector, the China S ...More
EJ Insight2014-02-24
... iaochuan {周小川}, also highlighted the uncertainties the country is facing while the global economy is slowly recovering, the statement said. -- Contact HKEJ at [email protected] AM/JP/CG ...More
EJ Insight2013-12-31
People's Bank of China (PBoC) governor Zhou Xiaochuan {周小川} said interest-rate spreads in China may narrow with financial reforms, although the extent of the change may be smaller than anticipated, th ...More
EJ Insight2013-12-17
... iaochuan {周小川}} called for an increase in the qualifications and quotas for QDII and QFII participants, and said administrative approval procedures for the two programs will be eliminated "when condit ...More
EJ Insight2013-12-17
... iaochuan {周小川} revealed at a forum Tuesday China's plans to increase the quotas for Qualified Domestic Institutional Investors (QDII) and Qualified Foreign Institutional Investors (QFII). The move sho ...More
EJ Insight2013-11-28
China will lower the entry barriers for foreign financial services providers, central bank governor Zhou Xiaochuan {周小川} said on Tuesday. The country will allow more foreigners to enter the financial ...More
EJ Insight2013-11-27
People's Bank of China governor Zhou Xiaochuan {周小川} called for an increase in the qualifications and quotas for Qualified Domestic Institutional Investors (QDII) and Qualified Foreign Institutional I ...More
EJ Insight2013-11-27
... iaochuan {周小川}, has also sought to reassure on the economic situation, saying price levels and employment are both under control. Central bank officials have estimated that the country can grow at a r ...More
EJ Insight2013-11-27
China will lower the entry barriers for foreign financial services providers and ensure a level playing field for them, People's Bank of China (PBoC) governor Zhou Xiaochuan {周小川} said Tuesday. The mo ...More
EJ Insight2013-11-26
... iaochuan {周小川}, have expressed support for reduced intervention in the market, analysts said. It is now a good time for authorities to loosen the daily movement limits on the exchange rate of the curr ...More
EJ Insight2013-11-25
