Yi Gang

Type: Person
Name: Yi Gang
First reported 23 hours ago - Updated 23 hours ago - 1 reports

Forex - Chinese yuan hits 14-month lows against dollar

Investing.comInvesting.com - The dollar rose to 14-month highs against the Chinese yuan on Tuesday after China''s central bank set the official mid-point fixing rate lower for a third successive session.USD/CNY was last trading at 6.2376, the strongest ... [Published Jerusalem Post - 23 hours ago]
Entities: Forex, China, Yi Gang
First reported Apr 20 2014 - Updated Apr 20 2014 - 1 reports

Commercial banks need to diversify business

China's commercial banks should diversify beyond traditional banking, Yi Gang, deputy governor of the People's Bank of China (PBC), the country's central bank, said over the weekend."China's commercial banks have an identical business model and lack unique ... [Published Global Times - Apr 20 2014]
First reported Apr 19 2014 - Updated Apr 20 2014 - 3 reports

PBC official stresses banking business differentiation

China's commercial banks need to improve their business differentiation and services for local residents and small firms, Yi Gang, vice governor of China's central bank, said on ... ... [Published Big News Network - Apr 20 2014]
First reported Apr 16 2014 - Updated Apr 16 2014 - 2 reports

U.S. Treasury declines to call China currency manipulator

BEIJING, April 16 (Xinhuanet) -- The depreciation of the Chinese yuan has attracted a lot of attention amongst China’s biggest trading partners. But the U.S. Treasury Department said in a report on Tuesday that China is not a currency manipulator.However, ... [Published Xinhua News Agency - Apr 16 2014]
First reported Apr 14 2014 - Updated Apr 14 2014 - 1 reports

Yi Gang expresses confidence in achieving a growth near 7.5% in 2014

Vice governor of People's Bank of China Yi Gang said at the 29th Meeting of the IMFC (International Monetary and Financial Committee) that China has entered into a "shifting" period, as its economy will shift from high-speed growth to medium-to-high-speed ... [Published Aastocks.com - Apr 14 2014]
First reported Apr 13 2014 - Updated Apr 13 2014 - 1 reports

China confident of meeting 7.5% growth target

CHINA will meet the 7.5 percent economic growth target this year after the International Monetary Fund warned of a “hard landing” for the economy, senior Chinese officials said.Yi Gang, deputy governor of the People’s Bank of China, said the government ... [Published Shanghai Daily - Apr 13 2014]
First reported Apr 11 2014 - Updated Apr 12 2014 - 2 reports

Financial reform 'one of China's easiest'

Updated: 2014-04-12 07:20By Liu Chang and Cai Chunying in Washington ( China Daily)PBOC deputy says other sectors tougherChina's financial reforms and their global impact were discussed in Washington on Thursday as leading international figures gathered ... [Published CHINAdaily - Apr 12 2014]
First reported Apr 11 2014 - Updated Apr 11 2014 - 2 reports

Yi Gang: Exchange rate marketization should be priority in f...

Yi Gang: Exchange rate marketization should be priority in financial reform 2014-04-11 12:22 Email Print New Window Size Yi Gang, vice governor of People's Bank of China and director of the State Administration of Foreign Exchange, said China should progressively ... [Published Aastocks.com - Apr 11 2014]
First reported Apr 11 2014 - Updated Apr 11 2014 - 2 reports

XINHUA - Recent yuan's depreciation within "normal" range: Chinese central bank official

Recent yuan's depreciation within "normal" range: Chinese central bank officialContributed by NAMPA / Xinhua.WASHINGTON, April 10 (Xinhua) -- The recent depreciation in the value of Chinese currency renminbi, or the yuan, is within normal range and China ... [Published Namibia Press Agency - Apr 11 2014]
First reported Apr 10 2014 - Updated Apr 11 2014 - 4 reports

China should be very cautious with any stimulus, says central bank

The Chinese government and central bank should be "very cautious" in implementing any stimulus programmes because they tend to be less efficient than natural market forces in boosting growth, a People's Bank of China official said yesterday. Yi Gang, ... [Published The Malaysian Insider :: Business - Apr 11 2014]
First reported Apr 10 2014 - Updated Apr 10 2014 - 1 reports

People’s Bank of China Vice Gov. Yi Gang: China Will Implement Deposit Insurance “Probably” This Year

The Chinese government plans to implement a deposit-insurance system for bank accounts this year, a top official from China’s central bank said Thursday. “China will implement a deposit-insurance scheme, probably this year,” said Yi Gang , vice governor ... [Published WSJ.com: Real Time Economics - Apr 10 2014]
First reported Mar 24 2014 - Updated Mar 25 2014 - 4 reports

Yuan rebounds on stimulus hope

The yuan closed at 6.1888 per dollar, up 0.6 percent from Friday's close at 6.225, the biggest jump since October 2011. It hit 6.1882 in afternoon trade.The currency fell to a 13-month low last week with a 1.2 percent weekly loss, its biggest-ever weekly ... [Published Hong Kong Standard - Mar 25 2014]

Quotes

Beijing has said the yuan is nearing fair-market value. Last month, PBOC Vice Governor Yi Gang said the bank’s "decisive role in the exchange rate will weaken."
...their business differentiation and services for local residents and small firms, Yi Gang, vice governor of China's central bank, said on Saturday. "china's commercial banks have a similar business model and lack unique business features" Yi, vice governor of the People's Bank of China (PBoC), said at a forum hosted by Peking University

More Content

All (86) | News (71) | Reports (0) | Blogs (13) | Audio/Video (0) | Fact Sheets (2) | Press Releases (0)
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Forex - Chinese yuan hits 14-month lows against... [Published Jerusalem Post - 23 hours ago]
Commercial banks need to diversify business [Published Global Times - Apr 20 2014]
PBC official stresses banking business differen... [Published Big News Network - Apr 20 2014]
PBoC official stresses banking business differe... [Published Individual.com - Apr 19 2014]
XINHUA - PBoC official stresses banking busines... [Published Namibia Press Agency - Apr 19 2014]
China Urged to Reduce Yuan Intervention by ex-P... [Published Bloomberg - Apr 19 2014]
GBP/USD Bulls Return Following Doji On The Daily [Published E-Forex - Apr 17 2014]
AUD/USD Correction Looms Following Bearish Engu... [Published E-Forex - Apr 17 2014]
U.S. Treasury declines to call China currency m... [Published Xinhua News Agency - Apr 16 2014]
US Treasury declines to name China as currency ... [Published Ecns.cn - Apr 16 2014]
[I-bank focus]No change on China's rate liberal... [Published etnet.com.hk - Apr 15 2014]
China to Launch Deposit Insurance System This Yr [Published Individual.com - Apr 14 2014]
Yi Gang expresses confidence in achieving a gro... [Published Aastocks.com - Apr 14 2014]
China Stock-Index Futures Little Changed After ... [Published Bloomberg - Apr 14 2014]
China confident of meeting 7.5% growth target [Published Shanghai Daily - Apr 13 2014]
China rebuts 'hard landing' warning [Published Global Times - Apr 13 2014]
Beijing rejects IMF’s hard-landing warning for ... [Published AdBanks.net - Apr 13 2014]
Beijing rejects IMF's hard-landing warning for ... [Published London South East - Apr 12 2014]
PBOC’s Yi Says China’s Growth Rate Is Within ‘R... [Published Washington Post - Apr 12 2014]
G-20 Deeply Disappointed U.S. Preventing IMF-Re... [Published Azartac - Apr 12 2014]
PBOC boss sheds light on yuan exchange rate [Published China Daily Asia - Apr 12 2014]
Financial reform 'one of China's easiest' [Published CHINAdaily - Apr 12 2014]
China's financial reforms 'not tough one' [Published CHINAdaily - Apr 11 2014]
Seminar: Emerging Markets (Session 4) [Published IMF - Apr 11 2014]
Lagarde Adds to Chorus Urging U.S. Leadership o... [Published Bloomberg - Apr 11 2014]
Grand Central: Raghu vs. the World, Act II [Published WSJ.com: Real Time Economics - Apr 11 2014]
Quartz Daily Brief—Americas edition—JP Morgan p... [Published Quartz - Apr 11 2014]
Yi Gang: Exchange rate marketization should be ... [Published Aastocks.com - Apr 11 2014]
Yi Gang: Exchange rate marketization should be ... [Published Aastocks.com - Apr 11 2014]
China's main money rates rise on tax payments, ... [Published Sharenet - Apr 11 2014]
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Blogs

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Beijing rejects IMF’s hard-landing warning for ... [Published AdBanks.net - Apr 13 2014]
WASHINGTON, April 12 (Reuters) – A senior Chinese official hit back on Saturday at International Monetary Fund warningsthat China’s economy faced the danger of a hard landing due topoor asset quality, saying the government was taking action todeal ...
Grand Central: Raghu vs. the World, Act II [Published WSJ.com: Real Time Economics - Apr 11 2014]
The Wall Street Journal’s Daily Report on Global Central Banks for Friday, April 11 Sign up for the newsletter:  http://on.wsj.com/grandcentralsignup . Highlights Hilsenrath’s Take: Raghu vs. the World, Act II India’s Rajan Criticizes Fed Officials ...
China should be very cautious with any stimulus... [Published The Malaysian Insider - Apr 11 2014]
The Chinese government and central bank should be "very cautious" in implementing any stimulus programmes because they tend to be less efficient than natural market forces in boosting growth, a People's Bank of China official said yesterday.Yi Gang, a ...
People’s Bank of China Vice Gov. Yi Gang: China... [Published WSJ.com: Real Time Economics - Apr 10 2014]
The Chinese government plans to implement a deposit-insurance system for bank accounts this year, a top official from China’s central bank said Thursday. “China will implement a deposit-insurance scheme, probably this year,” said Yi Gang , vice governor ...
Grand Central: Financial Stability Concerns Bec... [Published WSJ.com: Real Time Economics - Apr 10 2014]
The Wall Street Journal’s Daily Report on Global Central Banks for Thursday, April 10 Sign up for the newsletter:  http://on.wsj.com/grandcentralsignup. Highlights Hilsenrath’s Take: Financial Stability Concerns Becoming Bigger Factor in Fed Debates ...
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