People's Bank of China
The Latest
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China Central Bank Vows Improvement In Implementation Of Monetary Policy
The People's Bank of China will offer financial institutions guidance on how to reduce risks associated with China's top real estate developers The People's Bank of China will offer financial institutions guidance on how to reduce risks associated with China's top real estate developers -
China's Central Bank To Boost Policy Assistance To COVID-Hit Small Businesses
The PBOC stated that it will increase lending by US$15.3 billion to support coal development and storage capacity. The PBOC stated that it will increase lending by US$15.3 billion to support coal development and storage capacity. -
China's Politburo Approves PBOC Measures To Bolster Economy
One of the measures, which will further cut most banks' required reserves, is expected to release another $188 billion into the economy. One of the measures, which will further cut most banks' required reserves, is expected to release another $188 billion into the economy. -
Cryptocurrency Prices Dip As China Widens National Crackdown
Cryptocurrencies dropped further Tuesday after the Chinese government said it had ordered banks and payment processors to play a more active role in curbing cryptocurrency activities. Cryptocurrencies dropped further Tuesday after the Chinese government said it had ordered banks and payment processors to play a more active role in curbing cryptocurrency activities. -
China Again Getting Serious About Massive Debt Deleveraging
China seeks to reduce the risk posed by its massive debt load to economic growth. China seeks to reduce the risk posed by its massive debt load to economic growth. -
China Appoints Two New Experts To Central Bank Monetary Committee
Cai Fang and Wang Yiming have been appointed to the PBOC Monetary Policy Committee. Cai Fang and Wang Yiming have been appointed to the PBOC Monetary Policy Committee. -
Mainland Stocks Bearish On Liquidity Concerns
Alibaba's stock gained some traction after its fintech arm Ant Group reached a restructuring agreement with China regulators. Alibaba's stock gained some traction after its fintech arm Ant Group reached a restructuring agreement with China regulators. -
Shenzhen To Give Away $1.49 Million In Digital Yuan
Winners of the lottery will be given instructions on how to open a digital wallet and download the digital yuan application for them to receive their packets. Winners of the lottery will be given instructions on how to open a digital wallet and download the digital yuan application for them to receive their packets. -
Ringing It Up With Digital Yuan Transactions More Than 1 Billion
The PBOC will have a separate pilot at the upcoming 2022 Winter Olympics. The PBOC will have a separate pilot at the upcoming 2022 Winter Olympics. -
Profit Peril: Bad Debts Mounting For China's Big Banks
The coronavirus pandemic has hit China's big banks hard, with some of them set to post their first drop in profits since the global financial crisis. The coronavirus pandemic has hit China's big banks hard, with some of them set to post their first drop in profits since the global financial crisis.