People's Bank of China

The Latest

  • China Central Bank Vows Improvement In Implementation Of Monetary Policy
    China central bank will emphasize regulation, development of internet finance sector -state media
    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
    China Securities Regulatory Commission
    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
    Yuan
    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
    Cryptocurrency
    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
    A man wearing a mask walks past the headquarters of the People's Bank of China.
    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
    PBOC
    Cai Fang and Wang Yiming have been appointed to the PBOC Monetary Policy Committee.
  • Mainland Stocks Bearish On Liquidity Concerns
    China Stocks
    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
    PBOC
    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
    China
    The PBOC will have a separate pilot at the upcoming 2022 Winter Olympics.
  • Profit Peril: Bad Debts Mounting For China's Big Banks
    China 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.
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