People's Bank of China

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China hits record panda bond issuance in 2024, with analysts bullish for 2025

The issuance of “panda bonds” – yuan-denominated debt securities from overseas institutions operating in China – hit a record high…

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New Business

China’s yuan hits 2-year low, Asian currency pressure rises, as US dollar strengthens

With the offshore yuan having plunged to its lowest level in more than two years against the US dollar as…

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Institutions fined big as China’s bond yields plunge, reflecting resolve of central bank

China’s central bank has imposed heavy fines on three financial institutions for bond-trading irregularities – the first of such punitive…

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Gold could hit US$3,000 in 2025 amid continuing bull run

Gold has had a very good year. Not only did the price of the yellow metal keep refreshing record highs,…

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New Business

How has Hengqin helped Macau diversify its casino-dominated economy?

Tech entrepreneur Tiago Lei started paying some attention to Hengqin when his alma mater – the University of Macau –…

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US Fed’s hawkish rate-cut forecast slams China’s yuan

The offshore yuan weakened overnight and broke a key psychological level of 7.3 per US dollar, as the US Federal…

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China’s bull run on bonds triggers fresh warning from central bank amid record-low yields

With the yields of Chinese government bonds slipping to record lows, China’s central bank has issued a stern warning to…

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Opinion | 3 challenges for China’s economic growth in 2025

China’s GDP growth slowed during the first three quarters of 2024, from 5.3 per cent to 4.7 per cent, and…

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Explainer | What is China’s central economic work conference, and why does it matter?

All eyes have turned to China’s tone-setting annual central economic work conference for any clues of relief for the beleaguered…

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China’s Politburo pledges ‘escalated’ fiscal spending and support: analysts

With the end of the year fast approaching – and the window for China to meet its annual economic targets…

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