peoples bank of china

The new China-Singapore Green Finance Taskforce is expected to facilitate easier access to green bonds in both markets through stock exchange connections and digital trading.

Set to go live from May 15, the mutual market derivatives initiative marks a world first for international trading that is set to facilitate the increased internationalisation of renminbi.

The challenges are significant when 85% of the population is unbanked and the country has no capital markets. The acting governor of Da Afghanistan Bank outlines his plans to build from the ground up, promote financial inclusion, and learn from countries like Cambodia.

Total Loss Absorbing Capacity requirements are likely to cause China’s Big Four banks to issue billions of dollars of bonds overseas, and expand the non-bank institutional investor base for China’s domestic bond market.

China, Taiwan, Korea, and Japan could all have new central bank chiefs within months. The newcomers, or the incumbents if they stay, all face important policy challenges.