News

SHANGHAI, May 30 (Reuters) - China's central bank has injected 700 billion yuan ($97 billion) into its banking system during ...
The move is likely aimed at cushioning against an emerging cash crunch as trade tensions simmer.
While it is the world's largest producer of gold, China gold reserves lag behind other major countries, including the United ...
[Photo/Sipa] BEIJING -- China issued 10.06 trillion yuan ($1.39 trillion) in new yuan-denominated loans in the first four months of 2025, central bank data showed on Wednesday. At the end of April ...
China’s central bank genuinely believes that the yuan is holding the world’s financial system together. On Sunday, People’s Bank of China (PBOC) Governor Pan Gongsheng told global leaders at ...
The dollar eased against all major currencies on Monday, as exuberance over a better than feared U.S. employment report gave ...
China's central ... provide about 1 trillion yuan ($138.77 billion) in long-term liquidity into the market. The RRR reduction came following governor of the central bank Pan Gongsheng said on ...
Amid growing uncertainty in global financial markets, the internationalization of the yuan could support ... of the People's Bank of China (PBC), said on May 7 that the central bank would roll ...
BEIJING (Reuters ... outstanding yuan loans rose at a record-low annual pace of 7.2% in April. Analysts had expected the rate to remain unchanged from 7.4% in March. The central bank does ...
Chinese households have been saving more due to worries over job security in a stuttering economy facing deflationary ...