News

European companies are facing increasing pressure due to China's alleged currency manipulation to keep its yuan weak, a study ...
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 ...
A proposed GOP ban on a central bank digital currency (CBDC) could pump the brakes on grand visions to reshape electronic ...
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'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’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 ...
The central bank, the People’s Bank of China, shaved only a tenth of a percentage point off the benchmark one-year interest rate used for most corporate loans, ...
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 ...
Central-bank digital currencies could lead to big changes in the most basic activity of any banking system: making and distributing money. ... China will set all the standards for them, ...