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People’s Bank of China
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.
December 08, 2020
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.
December 15, 2017
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.
December 14, 2017
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
November 10, 2017
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.
October 16, 2017
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.
August 12, 2017
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.
January 02, 2017