pboc

PBOC to Pilot Regulation of Financial Holding Firms, Issue Policies in 1st Half

PBOC to Pilot Regulation of Financial Holding Firms, Issue Policies in 1st Half

The People’s Bank of China, the country’s central bank, will conduct mock supervision and regulation of five financial holding companies…

Nov 5, 2018
Zhang Yushuo
[Exclusive] Yuan Fluctuates With Market, PBOC Has Tools to Maintain Control, Agustin Carstens Says

[Exclusive] Yuan Fluctuates With Market, PBOC Has Tools to Maintain Control, Agustin Carstens Says

The International Monetary Fund cut its global growth forecasts for the first time in the past two years last month.…

Nov 1, 2018
Yang Yanqing & Zhou Ailin
 Most of China’s Plans to Ease Financial Sector Access Have Been Implemented, PBOC Deputy Governor Says

Most of China’s Plans to Ease Financial Sector Access Have Been Implemented, PBOC Deputy Governor Says

Most of China’s plans, announced by President Xi at the Boao Forum earlier this year, to ease access to the…

Oct 26, 2018
Xu Wei
China's Central Bank to Offer More Funds for Small Firms

China's Central Bank to Offer More Funds for Small Firms

China's central bank says it will boost relending and rediscount quotas by 150 billion yuan (21.7 billion US dollars) to help the financing needs of small enterprises.

Oct 23, 2018
CGTN
China’s Tax Cuts Next Year to Top 1% of GDP, Beat Out US, PBOC Says

China’s Tax Cuts Next Year to Top 1% of GDP, Beat Out US, PBOC Says

The Financial Stability and Development Committee under China’s cabinet the State Council recently held a meeting to avert and resolve…

Oct 23, 2018
Liao Shumin
China Stocks Rebound After Financial Leaders Play Down Market Dip

China Stocks Rebound After Financial Leaders Play Down Market Dip

China Stocks Rebound After Financial Leaders Play Down Market Dip. China’s main stock market indexes rebounded from around four-year lows…

Oct 19, 2018
Liao Shumin
China’s Government Spending Rose 7.5% in First Nine Months, Outstripping Revenue

China’s Government Spending Rose 7.5% in First Nine Months, Outstripping Revenue

China Stocks Rebound After Financial Leaders Play Down Market Dip. China’s main stock market indexes rebounded from around four-year lows…

Oct 19, 2018
Liao Shuming
China’s Economic Growth Is on Track but Trade Frictions Pose Risks, PBOC Head Says

China’s Economic Growth Is on Track but Trade Frictions Pose Risks, PBOC Head Says

China’s economic growth is likely to meet or beat its 6.5 percent target this year but trade frictions with the…

Oct 15, 2018
Zhang Yushuo
PBOC Governor Yi Gang Meets With US Treasury Secretary Steven Mnuchin

PBOC Governor Yi Gang Meets With US Treasury Secretary Steven Mnuchin

China’s central bank Governor Yi Gang met with the United States Secretary of the Treasury Steven Mnuchin during the annual meetings of the International Monetary Fund and the World Bank Group.

Oct 11, 2018
Chen Juan
China Stocks, Yuan Tumbled Yesterday After PBOC Unveiled RRR Cut

China Stocks, Yuan Tumbled Yesterday After PBOC Unveiled RRR Cut

The Chinese mainland’s stock markets and the onshore yuan exchange rate both fell yesterday, the first day back after the…

Oct 9, 2018
Xu Wei
China’s Forex Reserves Hit 2018 Low Last Month

China’s Forex Reserves Hit 2018 Low Last Month

China’s foreign exchange reserves fell to their lowest value this year in September after falling for a second straight month.

Oct 8, 2018
Xu Wei
China to Cut Reserve Requirement for Fourth Time This Year

China to Cut Reserve Requirement for Fourth Time This Year

China’s central bank plans to cut the reserve required ratio by one percentage point next week, releasing about CNY1.2 billion…

Oct 8, 2018
Xu Yanyan