PBOC Chief Warns of ‘Long and Difficult’ Economic Transformation
China’s central bank governor stressed tolerance for slowing growth in the short term as the world’s second-largest economy
2023-11-28 14:26
China Parliament Pressures Banks To Step Up Property Finance
China’s banks should step up funding for property developers to reduce the risk of additional defaults and ensure
2023-11-23 08:47
Yuan Strengthens Past PBOC’s Fixing for First Time Since July
China’s yuan strengthened beyond its daily reference exchange rate for the first time in four months, getting some
2023-11-21 11:27
Chinese Banks Keep Lending Rates After PBOC Policy Rate Hold
China’s commercial lenders held their benchmark lending rates steady on Monday, in line with the central bank’s decision
2023-11-20 10:17
China Mulls $137 Billion of New Funds to Aid Housing Market
China plans to provide at least 1 trillion yuan ($137 billion) of low-cost financing to the nation’s urban
2023-11-14 18:46
China’s Property Risks ‘Manageable,’ PBOC Governor Says
China’s property sector risks are under control, central bank Governor Pan Gongsheng said, amid heightened concern over the
2023-11-10 17:55
China Property Recovery Up to a Year Away, Ex-PBOC Adviser Says
China’s property market could take as long as a year to recover, according to a former central bank
2023-09-26 08:45
China Central Bank Meets With Private Firms, Pledges Funding
The People’s Bank of China met with lenders and private businesses on Wednesday, pledging to improve their access
2023-08-31 11:53
Yuan Traders on Watch for Strongest Ever Fix Guidance From China
China is close to unleashing its strongest ever guidance to push back yuan bears via its daily reference
2023-08-18 05:51
PBOC’s Yuan Fix Is Losing Its Bite as Bearish Sentiment Mounts
China’s yuan is plumbing fresh lows for the year with the central bank’s favorite tool for guiding the
2023-08-15 08:54
PBOC Chief Meets With Property Developers, Vows Funding Help
China’s central bank said it would increase funding support for the private sector after meeting with company executives
2023-08-04 06:58
Yellen’s China Trip Leaves Little Doubt Pan’s in Charge of PBOC
During Janet Yellen’s trip to Beijing, US officials sowed confusion over the role of Pan Gongsheng, who was
2023-07-10 06:27