People's Bank of China

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China urges ‘positive dialogue’ with US as Trump’s threatened tariffs loom large

While pledging to “firmly safeguard” China’s interests, the nation’s chief international trade representative on Friday expressed Beijing’s willingness to engage…

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China unveils plan to guide exporters through tempestuous trade waters

China has announced it will aid its export sector with policies to cope with external trade barriers – restrictions that…

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China’s central bank enters treasury bond market with net buy of 100 billion yuan

China’s central bank has conducted its first treasury bond trade in nearly two decades in open markets, debuting a long-awaited…

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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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US-China financial working group seek to ‘strengthen’ cooperation in times of stress

Senior finance officials from China and the United States agreed to carry out timely communication in times of financial stress…

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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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How easily can foreigners travel to China and spend money in August 2024?

Chinese mobile payment platforms, dominated by domestic firms, cater to locals and restrict use by foreigners due to financial and…

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Hong Kong signs agreement with People’s Bank of China to enhance Faster Payment System

The Hong Kong Monetary Authority (HKMA) has signed an agreement with the Chinese central bank to promote cross-border linkages for…

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New Business

As mainland China broadens yuan’s global appeal, Hong Kong may play larger role

As mainland China attempts to broaden the use of the yuan in international transactions, Hong Kong will likely have a…

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New Business

Panda bond sales hit record as cheap credit lures global issuers

Sales of panda bonds jumped to a record US$17 billion so far this year, as foreign borrowers piled into China’s…

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