MNI China Daily Summary: Thursday, April 22

MNI BRIEF: China To Quicken Resolving Local Debt Risks

RPT-MNI INTERVIEW: ECB's Wunsch Sees At Least Two Cuts By Dec

MNI: PBOC Conducts CNY2 Bln Via OMO Mon; Liquidity Unchanged

CHINA PBOC INJECTS CNY2 BILLION VIA 7-DAY REVERSE REPOS MON

MNI: PBOC Sets Yuan Parity Lower At 7.1043 Mon; -4.74% Y/Y

EZ/UK Bond Supply Calendar: EU, FI Synds; IT, DE Auctions Tues

MNI: CANADA MAR INDUSTRIAL PRICES +0.8% MOM; EX-ENERGY +0.8%

NBH Data Watch

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

MNI BRIEF: Poilievre Calls QE 'Scam' And Would Limit BOC Remit

MNI: Growth Drag From Net Zero Carbon Goal Can Be Offset-OECD

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MNI BRIEF: Green Govt Bonds Needed For Low Carbon Transition

MNI (Singapore)

The issuance of green government bonds will be an important joint effort by fiscal and financial policymakers to push the low-carbon transition of China's economy, said Wang Xin, director of the People’s Bank of China research bureau, at the Bund Summit in Shanghai sponsored by the China Finance 40 Forum on Saturday.

Some countries have set up sound mechanisms for green government bond issuance that are worthy of reference in China, Wang noted at the launch of a research report on green finance.

The central bank's structural monetary tools can contribute to the green transition, Wang said, pointing out that fiscal policies could provide support through public investment, subsidies and government procurement.

Policy NewsCentral Bank NewsPBOCAPACChinaBriefStoryRegion
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