PBOC

New Business

Opinion | Beyond quick stimulus, China needs deeper, more fundamental reforms

China’s economy met its 5 per cent growth target last year, buoyed by a 5.4 per cent expansion in the…

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New Business

Chinese yuan surges after Trump goes easy on China in inaugural address

The Chinese yuan surged on Monday night after US President Donald Trump struck a softer-than-expected tone on China during his…

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New Business

China’s consolidation of small banks accelerates to head off systemic risk

China’s efforts to consolidate its small banks have led to a sharp reduction in their numbers as regulators work to…

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New Business

To boost China’s yuan, central bank makes it easier for firms to borrow more foreign debt

China’s central bank has mounted a stronger defence for the yuan and the domestic foreign exchange market, as the country…

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New Business

China’s yuan hits lowest level in months as Trump tariff threats roil currencies

Both the onshore and offshore yuan have weakened to their lowest levels in months against the US dollar, as the…

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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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