PBOC

New Business

China to push supportive monetary policy as financial risks ease: central bank chief

The maturing debt of “most” of these financing platforms had either been extended, restructured or replaced, Pan said, adding that…

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New Business

China puts private sector policy on the front burner after July data disappoints

“Boosting consumption is the key. We must adopt targeted measures to smooth economic circulation.” Plenary meetings are often convened to…

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New Business

Why China’s risky bond rally has put PBOC on the offensive to optimise yields

The rate continued to fall, dipping below 2.1 per cent this month before PBOC intervention sent it back up to…

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New Business

As stock sell-off sweeps Asia, China’s yuan surges as US rate cuts loom

Anticipation of US interest rate cuts in September drove China’s yuan to a seven-month high against the US dollar on…

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Tech

How many orders did JD.com get during its digital yuan trial at the Double Twelve shopping festival?

Online shoppers got their first opportunity to test out China’s new digital currency this weekend during an e-commerce festival organised…

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New Business

China’s bond rally sends yields to record lows, prompting concerns of ‘disrupting’ economy

In China’s 10-year treasury bond market, the Ministry of Finance is looking to manage liquidity amid mounting concerns among policymakers…

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Tech

Hong Kong could spearhead China’s financial integration with world, digital yuan use: government officials

Hong Kong could play a leading role in easing China’s financial integration with the rest of the world amid Beijing…

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