News

China’s central bank has been buying physical gold to add to its reserves for at least the last three years  – and there’s ...
China's central bank has asked some financial institutions about their views on recent U.S. dollar weakness, people with knowledge of the matter said. In the survey conducted last week, the People's ...
China’s outstanding property loans stood at 53.33 trillion yuan (US$7.43 trillion) at the end of June, up 0.4 per cent from a ...
China’s central bank left its benchmark lending rates unchanged on Monday, opting for stability as the country contends with a cooling economy and faltering consumer sentiment. The People’s Bank of ...
A proposed GOP ban on a central bank digital currency (CBDC) could pump the brakes on grand visions to reshape electronic ...
China’s central bank cut interest rates on Monday as new data showed the economy losing steam last month because of renewed Covid lockdowns and a deepening property downturn.. The People’s ...
China's central bank chief Yi Gang is likely to step down after he was dropped from an elite body of the ruling Communist Party, with a former central banker a leading contender to succeed him ...
China on Sunday, March 12, reappointed Yi as head of the central bank in an effort to reassure entrepreneurs and financial markets by showing continuity at the top while other economic officials ...
China kept its benchmark lending rates steady on Monday as the country continues to grapple with weak consumer sentiment and ...
China’s central bank took another step to shore up the yuan, making it more expensive for traders and institutions to bet against the currency after it weakened rapidly against the dollar.
The People’s Bank of China injected 1.45 trillion yuan ($203.97 billion) worth of funds via the one-year medium-term lending facility, keeping the interest rate at 2.5%—the same as with the ...