File photo shows an exterior view of the People\’s Bank of China in Beijing, capital of China. (Xinhua/Peng Ziyang)
BEIJING, Feb. 1 (Xinhua) — China\’s central bank and the financial authority of the H
Tag: liquidity
Explainer: How new bureau, policies boost China\’s private economy
BEIJING, Nov. 14 (Xinhua) — Among key policies to ramp up the growth of the private sector, China recently set up a bureau under the country\’s top economic planner.
Why does it matter and how will th
Heavyweight policy boost for China\’s private economy
BEIJING, Nov. 13 (Xinhua) — China has blazed new trails for the country\’s private economy against the backdrop of sluggish world economic recovery, aiming to boost the development of a sector that is
China\’s Aug new bank loans exceed expectations as financial support for real economy increases
The headquarters of the People\’s Bank of China (Photo: Xinhua)
New bank loans in China almost quadrupled in August from July to an all-time record of 1.36 trillion yuan ($186.18 billion), the central
IMF reaffirms Hong Kong\’s role as major int\’l financial center
HONG KONG, May 31 (Xinhua) — The International Monetary Fund (IMF) on Wednesday affirmed Hong Kong\’s status as a major international financial center in a staff report.
The staff report, released by
Falling of regional banks, detrimental to U.S. and global economy
BEIJING, May 11 (Xinhua) — JPMorgan Chase\’s recent acquisition of First Republic Bank, which marks the latest fallout from the U.S. banking turmoil, might relieve U.S. regulators. But it failed to qu
China moves to bolster economic recovery with RRR cut
This photo taken on Feb. 17, 2023 shows robot arms working on a production line at a glass factory in Jiamusi, northeast China\’s Heilongjiang Province. (Xinhua/Wang Jianwei)BEIJING, March 20 (Xinhua)
China\’s monetary policy supports high-quality growth: central bank governor
BEIJING, March 3 (Xinhua) — China\’s prudent monetary policy has provided a favorable financial environment for high-quality development, Yi Gang, governor of the People\’s Bank of China (PBOC), said F
China conducts central bank bills swap
BEIJING, Feb. 28 (Xinhua) — The People\’s Bank of China, or the central bank, conducted a central bank bills swap (CBS) operation on Tuesday to improve the liquidity of perpetual bonds.The CBS, valued