People's Bank of China

New Business

Developing | Hong Kong to act as launch pad for Chinese companies’ global push in pact with Shanghai

Mainland Chinese companies will use Hong Kong’s capital market as the launch pad for their global growth, according to an…

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New Business

China’s yuan fixing rate hits 2-month high as US dollar drops

China’s central bank set the yuan’s daily fixing against the US dollar at its strongest level in more than two…

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New Business

Gold 2.0 or just a fallacy? Crypto can’t chip away at gold’s safe-haven shield: researcher

Cryptocurrencies – including bitcoin and stablecoins – are not an alternative to gold, nor do they pose a threat to…

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New Business

China’s new home prices stabilise as rate cut, lifeline funding lift market confidence

Home prices in major cities in mainland China stabilised, holding onto recent gains as lower borrowing costs and state-led measures…

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New Business

To survive the trade war, China aims to create a stronger domestic economy

Beijing is doubling down on efforts to create a stronger domestic market, as it focuses on reducing China’s vulnerability to…

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New Business

China spurs Nansha as Greater Bay Area’s third hub for innovations, finance, connectivity

China unveiled new measures to develop Nansha in the southern Guangdong province into a pilot zone for financial opening, making…

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New Business

China’s long, nagging property market downturn nears stabilisation: analysts

A prolonged downturn in China’s property market is approaching a point of stabilisation, analysts said, as low rates and affordable…

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New Business

Macroscope | World will need to borrow its way out of Trump’s tariff mess

While US President Donald Trump’s tariff wars might be laughably simplistic in their aim of balancing world trade, there is…

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New Business

China rolls out policy package to guard against US tariffs: as it happened

This live blog has been made freely available as a public service to our readers. Please consider supporting SCMP’s journalism…

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New Business

Shanghai Gold Exchange eyes Hong Kong vault to promote yuan-denominated products

The Shanghai Gold Exchange plans to expand its warehouse network to Hong Kong, helping to raise the profile of its…

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