pboc   76

« earlier    

Bank of China releases infographic to raise bitcoin awareness · TechNode
Chinese authorities have been showing a greater willingness to embrace cryptocurrency in recent months.
bitcoin  pboc  china  cryptocurrency 
6 weeks ago by JINYONG86
China’s Plan to Sideline Bitcoin - Bloomberg
The currency would initially replace cash, PBOC Deputy Governor Fan Yifei wrote in an article earlier this year. According to patents registered by the central bank, consumers and businesses would download a mobile wallet and swap their yuan for the digital money, which they could use to make and receive payments. Crucially, the PBOC could also track every time money changes hands. Fan suggested in his article that banks would need to submit daily information on transactions and that there would be caps on transactions by individuals. The PBOC declined to comment.
cryptocurrency  pboc  blockchain  currency  finance 
june 2019 by max_read
PBoC Is Seeking Blockchain Talent to Help Build Its Central Bank Crypto - CoinDesk
The recruitment drive follows a recent CoinDesk report that the digital currency lab had filed more than 40 patent applications within 12 months of its establishment, which combine to outline the big picture of how the PBoC is approaching its goal.

Each of the application focuses on a certain aspect of a digital currency system. When viewed all together, they describe a technology that issues a digital token and can be stored and transacted in a peer-to-peer fashion.
cryptocurrency  globalcoin  currency  pboc 
june 2019 by max_read
Is China about to launch its own cryptocurrency? | World Economic Forum
This is not just a theory. In recent months, it has repeatedly been reported that PBOC is researching and developing its own digital currency. On 5th October, China Finance, PBOC’s official magazine, published an article analyzing the necessity of issuing an official digital currency, starting on a controlled scale. China is well placed to leapfrog to a digital currency and the Chinese government sees great domestic and geopolitical advantages in creating one.

China is already the most cashless large economy in the world, thanks to the duopoly of mobile payment apps - WeChat, by Tencent, and Alibaba’s Alipay. In 2017, the US hosted a total of $337 billion in online payments. In China, it was a whopping $15.7 trillion, $3.2 trillion more than Visa and Mastercard’s combined global volume. But Alibaba and Tencent are not owned by the state and it is highly unlikely the Chinese government will allow such a crucial shift to be controlled by private companies.
china  pboc  currency  blockchain  globalcoin  finance 
june 2019 by max_read
Twitter
RT : China’s central bank to further inject 250 billion yuan of liquidity into its banks by expanding it…
BREAKING  PBOC  from twitter
january 2019 by edelagrave
How Did China Manage its Currency Over the Summer? | Council on Foreign Relations
I suspect that this would prompt the Trump administration to dust off the 1988 definition of manipulation (weakening a currency to gain a competitive advantage in trade). But that too has problems, as China could respond to concerns that it is guiding its currency down by just letting the yuan float down…the reality now, I think, is that it is in the United States’ interest for China to continue to manage its currency for a while longer.
currency  rmb  pboc  centralbank  dollar  trump  trade 
september 2018 by yorksranter
Twitter
RT YuanTalks: injects net 200 bn yuan liquidity via open market operation on Tuesday.
The bank unexpectedly i…
PBOC  from twitter
september 2018 by rhyndes
Behind the Bond-Stock Divide Is a Big and Risky Bet on Central Banks - WSJ
The idea is that if stocks are rising, bond yields should be climbing too. Here's how to reconcile it. The answer is central banks. If rates are going to stay lower for longer; if more rounds of quantitative easing are coming; if new ways of easing are coming -- the rates should be going down and stocks moving higher. [...] It's about dividends paying more than bonds. 90% of the bond market universe is near 2% or lower. //&! http://www.zerohedge.com/news/2016-07-12/germany-about-sell-zero-coupon-10-year-bonds-first-time-ever //&! http://www.zerohedge.com/news/2016-07-13/we-just-found-out-who-has-been-buying-all-these-record-low-yielding-bonds - When your nation's bonds are trading with a record low 28bps negative yield (10Y JGBs), everything else in the world (aside from Swiss 10Y) is a relative 'value'...
bond  bubble  ZIRP  NIRP  QE  equity  bubble  hunt  for  yield  central  banks  BIS  Fed  BOE  ECB  BOJ  PBOC  secular  stagnation  wage  growth  output  gap  productivity  gap  squeezed  middle  class  working  poor  Precariat  inequality  Gini  coefficient  western  world  rising  middleclass  Asia  BRIC  income  distribution  tax  evasion  tax  avoidance  crony  capitalism  capitalism  in  crisis  capitalism  neoliberal  neoliberalism  globalisation  global  economy  globalization  free  trade  dividends  underinvestment  business  confidence  consumer  confidence  discretionary  spending  disposable  income  student  debt  consumer  debt  car  loan  property  bubble  speculative  bubble  speculative  bubbles  distortion  asset  allocation  austerity  AI  Robotics  automation  augmented  intelligence  Structural  Impediments  imbalance  unemployment  long-term  unemployment  skills  gap  skill-biased  technological  change  skills  shortage  economic  history  Brexit  technological  history  underemployed  underemployment  part-time  deflation  deflationary  JGB 
july 2016 by asterisk2a
China defends veracity of foreign exchange reserves data — FT.com
Yi Gang, PBoC deputy governor who until January was also head of the foreign exchange regulator, said on Sunday that only highly liquid assets are included in the closely watched headline reserves figure.
PBoC  CHINA  RMB  fx 
march 2016 by 210054
China has no intention to boost exports with yuan devaluation: Premier | Reuters
China does not intend to use a cheaper yuan as a way to boost exports and has the tools to keep the currency stable, Chinese Premier Li Keqiang said in a meeting with the president of the European Bank for Reconstruction and Development, state news agency Xinhua reported Saturday.
china  currency  pboc  devaluation  exchangecontrol 
january 2016 by yorksranter

« earlier    

related tags

1%  2.0  2008  2010  2011  2013  2015  2016  3d  500  abenomics  abstieg  accountability  affordable  africa  ageing  aggregate  ai  aiib  alibaba  allocation  america  american  arabia  asia  asset  augmented  austerity  australia  automation  avoidance  baidu  bail  bailout  balance  balance_of_payments  bank  banking  banks  behavioral  big  bis  bitcoin  bitfinex  blackpool  blackswan  blockchain  boc  boe  boj  bond  bonds  book  borderless  brazil  breaking  brexit  bribery  bric  british  btc-e  btc  btcc  btce  bubble  bubbles  bullshit  business  buyback  call  cameron  canada  capital-flight  capital  capital_markets  capitalism  car  care  career  carney  carry  central  central_banker  centralbank  centralbanks  change  chartered  chf  china  chovanec  class  coefficient  coinbase  commodities  commoditization  commodity  communism  competition  competitive  competitiveness  complexity  confidence  consequences  conservative  consume  consumer  contagion  correction  correlation  corruption  credit  creditcrisis  creditcrunch  crisis  crony  crypto  cryptocurrencies  cryptocurrency  currencies  currency-war  currency  currency_peg  cycle  damage  database  david  debasement  debt  debtoverhang  decentralized  deflation  deflationary  deleveraging  demand  democracy  demographic  deposite  deregulation  derivatives  devaluation  developed  developing  dimon  dis-inflation  discretionary  disinflation  disposable  distortion  distribution  dividends  dogma  dollar  dossier  dream  eating  ecb  economic  economics  economist  economy  emerging  energy  equity  error  establishment  euro  europe  european  evasion  excess  exchange_rate  exchangecontrol  exchangerates  expectation  exportweltmeister  exposure  exuberance  faultlines  fed  ferguson  fiat  fiat_money  filecoin  finance  financial  fiscal  five-year-plan  flat  folly  fomc  fomo  for  forecast  foreignexchange  forex  fortune  fracking  fractional  free  frn  frontier  fund  funds  fx  fx_purchases  gap  gas  generation  george  germany  gfc  ghost  gini  global  globalcoin  globalisation  globalization  glut  gold  good  great  greed  growth  headwinds  health  hegemony  history  hot-money  household  housing  hsbc  hubris  hunt  huobi  ib  ico  icocoin  id  ideology  imbalance  imbalances  imf  impediments  in  incentive  income  india  industrial  inequality  inflation  informal_banks  infrastructure  intelligence  interbank  interest  interest_rates  international  intervention  investment  iran  irrational  is  jack  jack_rodman  jail  jakobsen  james  jamie  japan  jgb  jim  jp  keen  koo  labour  latin  lending  leverage  liberal  liquidity  literacy  loan  lohndumping  lohnzurückhaltung  london  long-term  low  m3  ma  macroeconomic  macroeconomics  macroeconomy  macroprudential  manufacturing  margin  marginal  mark  market  markets  maximisation  mechanism  microeconomic  middle  middleclass  migration  moderation  monetary  monetary_policy  monetisation  monetization  money  morgan  mortgage  mtgox  ndrc  neoliberal  neoliberalism  net  new  niall  nirp  no  normal  npl  oecd  of  official_reserves  oil  okcoin  opec  operationtwist  osborne  outlook  output  overcapacity  overnight  oversight  pact  panic  part-time  participation  party  pawnshops  pension  people's_bank_of_china  people  personal  petrodollar  piigs  piigsfb  planning  polecon  policy-makers  policy  politicians  politics  poor  population  pound  prc  precariat  precarious  pressure  price  price_controls  prices  printing  private  privileged  productive  productivity  profit  progress  propensity  property  public  qe  qt  quantitative-easing  quantitative  r&d  ransomware  rate  real_estate  rebalancing  recession  recovery  redistribution  reflate  reflation  reform  refugee  regulation  regulators  renminbi  rent  representation  repression  research  reserve  reserve_currency  reserves  revolution  rich  richard  rising  rmb  road  robotics  rogers  roi  russia  safety  saudi  savings  scam  scheme  schuldenbremse  sdr  secular  self-regulation  services  servitude  shadow  shadowbanking  shale  share  shareholder  sheet  short-fall  short-term  shortage  silk  silkroad  skill-biased  skills  slowdown  snb  social  software  south  sovereign  sozialer  spain  speculation  speculative  spending  squeeze  squeezed  srd  stability  stagnation  standard  state  steen  stem  sterilization  steve  stimulus  stockmarket  street  structural  structure  student  super  surveillance  switzerland  system  taper  targeting  tarsand  tax  tech  technological  tencent  the  theory  tightening  to  toff  too  toobigtofail  tories  towns  trade  tradewar  trading  transition  transmission  transparency  trap  treasuries  treasury  trickle-down  trump  trumpdonald  trust  trustagent  uae  uk  uncertainty  unconventional  underemployed  underemployment  underinvestment  underwater  unemployment  unintended  union  unknown  unkown  usa  usd  value  var  verification  vix  volatility  wage  wall  war  wechat  welfare  western  westminster  work  workers  working  world  xiao_geng  yen  yield  yuan  zhou_xiaochuan  zirp  zombie 

Copy this bookmark:



description:


tags: