The People’s Bank of China’s decision to halt bond buying is exacerbating the rise in short-end rates and flattening the yield curve, spurring bets the central bank may resume government debt purchases.
China's central bank conducted a medium-term loan operation on Friday and left the interest rate unchanged. The People's Bank of China (PBOC) lent 200 billion yuan ($27.46 billion) worth of one-year medium-term lending facility (MLF) loans to some financial institutions at 2.
China’s central bank kept a key policy rate steady while injecting liquidity into the financial market, signaling that it may hold benchmark rates unchanged for longer.
Zou Lan, head of the monetary policy department at the People's Bank of China (PBOC), will be promoted to deputy governor of the central bank, two sources with knowledge of the matter said. The appointment will be announced as soon as this week,
BEIJING, 24th January, 2025 (WAM) -- China’s gold production rose by 0.56% to 377.24 tonnes in 2024, while the People’s Bank of China increased its gold reserves by 44.17 tonnes to reach 2,279.57 tonnes by the end of the year, maintaining its position as the world’s sixth-largest gold holder.
Investments from the National Social Security Fund, mutual funds and other sources will be increased to boost the stock market, regulators say.
Asian equities were mixed overnight as Hong Kong, Mainland China, Thailand, and South Korea all underperformed while Taiwan was closed.
An aerial view of the Lin-gang Special Area of China Shanghai Pilot Free Trade Zone. [Photo provided to chinadaily.com.cn] China has further opened up the financial sector by pledging equal treatment for domestic and foreign financial institutions in terms of launching new financial services in eligible free trade zones,
People's Bank of China Governor Pan Gongsheng met his Bank of England counterpart, Andrew Bailey, on Saturday in Beijing and discussed topics including financial stability and cooperation, China's central bank said on Sunday.
China's central bank is expected to deploy its most aggressive monetary tactics in a decade this year as it tries to stimulate the economy and soften the blow of impending U.S. tariff hikes, but in doing so it risks quickly exhausting its firepower.
China's central bank and top securities regulator have vowed to ramp up supportive policy tools to shore up the country's capital market. The remarks were made at a recent seminar on stock buyback and repurchase loaning program,
firming expectations of more monetary easing as it walks a fine line between conflicting policy targets complicated by a possible trade war with the U.S. Officials at the People’s Bank of China ...