China to Target High-Risk Institutions, Reduce System Threats

In the wake of the Silicon Valley Bank collapse, China’s central bank has promised to focus its gaze on its…

1 week ago

China Retains Central Bank Chief in Surprise For Markets

Yi Gang's re-appointment "shows China wants to at least have a dialogue with the United States on monetary policy and…

2 weeks ago

China’s Xi Jinping Eyes Return of Party’s Own Financial Watchdog

The Central Financial Work Commission, which would be directly under central party leadership, would take on a direction-setting role for…

3 weeks ago

PBOC Governor Yi, Janet Yellen Hold ‘Frank’ Meeting at G20

This was Yellen's first in-person conversation with a top Chinese economic official amid lingering tensions between Washington and Beijing

4 months ago

Chinese Developers to Receive $148bn in State Loans – FT

The People's Bank of China will initially issue about 200 billion yuan of low-interest loans, charging about 1.75% a year,…

8 months ago

China’s Central Bank Injects Banks With Cash in Small Doses

China's central bank oversaw the tiniest daily cash infusion since January 2021, with just 2 billion yuan ($296 million) added…

8 months ago

Foreign Investors Exit China Bonds for Fifth Straight Month

China's $20 trillion bond market has suffered continuous foreign outflows since February amid rising geopolitical tension and lingering Covid outbreaks

8 months ago

Chinese Banks Face Tougher Credit Card Rules to Manage Risks

Chinese banks have issued a total of 800 million credit cards as of the end of 2021, with outstanding loans…

9 months ago

China’s PBOC Boosts Cash Injection Into Banking System

China's central bank injected 100 billion yuan ($14.95 billion) worth of seven-day reverse repos, the biggest daily injection via the…

9 months ago

PBOC Pledges to Increase Support to Boost China’s Economy

Announcement is most recent effort to inject life into covid lockdown-hammered economic growth.

10 months ago

China Local Governments Issue $302bn in Special Bonds This Year

Local governments will need to issue another $210bn in special bonds this month if they want to meet the cabinet's…

10 months ago

Former China Senior Central Bank Official Under Investigation

China's Central Commission for Discipline Inspection is investigating PBOC former head of monetary policy Sun Guofeng.

10 months ago