People's Bank of China

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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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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New Business

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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New Business

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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New Business

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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New Business

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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New Business

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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