People's Bank of China

New Business

At G20 in Washington, top Chinese officials slam trade war as talks remain elusive

China’s central bank governor and finance minister – its top financial and economic officials – have condemned the trade war…

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My Take | Could China ever learn to live with GDP growth of less than 5 per cent?

The way the central government sets and then struggles to meet annual growth targets in recent years has been a…

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China opts for stability over devaluation as tariff tremors give yuan a jolt

While China’s central bank has set the yuan’s daily reference rate to a four-month low against the US dollar, the…

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Given prevailing headwinds, Hong Kong has the big opportunity as an offshore yuan hub: CICC

Hong Kong faces an unprecedented opportunity as an offshore hub for the currency, despite what is broadly seen as short-term…

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China battles to stabilise yuan after Trump’s tariffs spark market upheaval

China’s central bank set the fixing rate for the yuan against the US dollar at its lowest level since January…

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China may face sustained capital outflow pressure, top economists warn

China may continue to face capital outflow pressures over the next two years – though on a smaller scale compared…

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China, Europe ‘share same worry’ about unilateralism, can work together: ESM director

Europe and China have an opportunity to pave a path of multilateralism, as they share the same values for a…

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China’s central bank to create ‘more tools’ to shore up economy

China’s central bank said on Thursday that it was looking into creating more structural tools to support innovation, domestic consumption…

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Chinese bonds’ biggest bull run in a decade stumbles as re-rated stocks take the spotlight

The biggest bull run in China’s bond market in a decade has faltered, as the central bank’s delay in easing…

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Economists rebuke Trump’s currency claims, explain why Beijing wants yuan stable

US President Donald Trump’s latest accusation of China’s trade advantage via yuan depreciation suggests his sights are set on reducing…

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