The headquarters of the People's Bank of China in Beijing Photo: IC. The People's Bank of China (PBC) conducted 14-day reverse repos at an interest rate of 1.65 percent on Sunday,
China's Central Bank Keeps MLF Loan Rate Steady
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.
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,
Asian equities were mixed overnight as Hong Kong, Mainland China, Thailand, and South Korea all underperformed while Taiwan was closed.
Investments from the National Social Security Fund, mutual funds and other sources will be increased to boost the stock market, regulators say.
China’s central bank injected a near record-high amount of liquidity into the banking system to help meet demand for cash even as it looks to support the yuan. The People’s Bank of China on ...
An outpouring of Chinese government bond issuance and early signs of improvement in the housing market helped stir up appetite for financing in December, drawing to a close a year when new loans declined for the first time since 2011.
The biggest bright spot in the economy last year was exports, which was very strong especially if price factor was excluded,” Jacqueline Rong, chief China economist at BNP Paribas SA.
Global investors have largely brushed off the warnings from the PBoC and continued to hold Chinese government bonds as an investment, believing that their prices will rise more, sending yields further down.
HIGHER US tariffs under President Donald Trump could accelerate a slump in the value of China’s currency, complicating recent efforts by Beijing to kickstart a rebound in its struggling economy, analysts warn.
J.P. Morgan released its market outlook 2025. The report expects the global economy to continue growing at a robust rate, however a sharp slowdown in China is expected.