People’s Bank of China

Singapore and China to expand financial cooperation to support post-Covid-19 recovery: MAS - THE EDGE SINGAPORE

China Focus

Singapore and China to expand financial cooperation to support post-Covid-19 recovery: MAS

The partnership will build on current areas of collaboration and facilitate financing and investment activities.

Global Economy

Central banks want the world to carry on as they quietly tighten

WASHINGTON/FRANKFURT (Dec 15): Central bankers are gingerly trying to take away the punch bowl without interrupting the party.

PBOC raises market borrowing costs in surprise move after Fed

(Dec 14): China’s central bank unexpectedly raised borrowing costs following the Federal Reserve’s decision to tighten monetary policy.

China Focus

China's 'big bang' moment opens banks, brokers to foreign control

HONG KONG / BEIJING (Nov 10): China took a major step toward the long-awaited opening of its financial system, removing foreign ownership limits on its banks and asset-management companies, and allowing overseas firms to take majority stakes in local secu

China Focus

China’s central bank chief warns of high corporate debt

NEW YORK/HONG KONG (Oct 16): People’s Bank of China Governor Zhou Xiaochuan warned that Chinese companies have taken on too much debt, and argued for less financial leverage as well as fiscal reforms to constrain local government borrowing.

China Focus

PBOC to boost coordinated oversight of key financial firms

(Aug 12): China’s central bank said it will step up coordinated oversight of systemically important financial institutions, another step toward defusing risk before a gathering of the country’s top leaders later this year.

China Focus

China central bank adviser calls for 6-7% growth target range

BEIJING (Jan 2): China should set a more flexible 2017 economic growth target to give policy makers more room to enact reform, according to Huang Yiping, an adviser to the People’s Bank of China.
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