China's central bank vowed on Thursday to provide strong financial support for the healthy development of private economy and ...
New bank loans in China surged more than expected to a record high in January as the central bank moved to shore up a patchy ...
BEIJING, Feb. 20 (Xinhua) -- The People's Bank of China (PBOC) will promote the use of renminbi (RMB) in cross-border ...
Falling prices make households feel less wealthy and more reluctant to spend, raising growth and deflation risks at a time ...
China could cut its main policy rate as soon as next month following the country’s annual parliamentary meeting, economists ...
File photo shows an exterior view of the People's Bank of China, the country's central bank, in Beijing, capital of China.
In 2024, the added value of Beijing's financial industry reached 815.42 billion yuan ($112.38 billion), marking its highest level in five years and reflecting a 7.6% year-on-year increase. This ...
The PBOC has prioritized defending the yuan against the pressure for it to depreciate on anticipation of higher tariff rates.
China's yuan has lost 2.5% to the dollar since Trump's November election win. During Trump's first term as president, a ...
Key tools China introduced last year to stabilise the property market are making very little impact, pressuring Beijing to find new solutions for the crisis-hit sector, which analysts say must involve ...
China opted to keep its key lending rates unchanged on Thursday, signaling a focus on financial stability rather than ...
Beijing has been seeking to hold American debt through lower-profile accounts and diversifying into other assets ...