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China’s central bank asked its major lenders to raise the share of yuan when facilitating cross-border trade, in its latest ...
As China’s economy has descended ... But at a press conference on September 24th the central bank revealed a change of heart. It announced a set of policies that was unusually bold.
Beijing’s central bank governor and other top financial officials outlined plans to cut interest rates and reduce bank reserve requirements to help free up more funding for lending. They also said the ...
SHANGHAI (Reuters) - China's central bank suspended treasury bond purchases ... the PBOC's position," analysts at Commerzbank said in a note. The PBOC cited a shortage of bonds in the market ...
China is preparing to roll back its ... special bonds that started this week. Last month, the central bank adjusted how the MLF rate is set. It now allows banks to submit bids at different price ...
BEIJING (AP) — China’s central bank has cut a key interest rate as U.S. tariffs threaten the economy. People’s Bank of China Governor Pan Gongsheng announced Wednesday that the lending rate to ...
SHANGHAI -- China's currency fell to its lowest level against the U.S. dollar in 19 months on Tuesday after the central bank set its reference rate weaker amid a rapidly escalating trade war.
[BEIJING] China’s central bank will not allow sharp renminbi declines and has asked major state-owned banks to reduce US dollar purchases, people with direct knowledge of the matter said on Wednesday ...