People's Bank of China

New Business

Opinion | Beyond quick stimulus, China needs deeper, more fundamental reforms

China’s economy met its 5 per cent growth target last year, buoyed by a 5.4 per cent expansion in the…

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Salary caps spread in China’s finance sector amid ‘common prosperity’ drive

Several state-backed financial institutions in China have already placed annual salary caps on their senior executives, the Post has learned,…

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China’s stalled economic engines demand strong manufacturing, economist urges in Davos

With its old economic-growth engines sputtering or stalled, China should further empower its world-leading manufacturing sector, a globally recognised economist…

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HSBC unveils HyQ, a 25-storey office tower in Qianhai to drive cross-border collaboration

The HyQ tower, in the Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone, is the bank’s first wholly owned building…

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Chinese yuan surges after Trump goes easy on China in inaugural address

The Chinese yuan surged on Monday night after US President Donald Trump struck a softer-than-expected tone on China during his…

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Home prices in China’s biggest cities stabilise under Beijing’s stimulus measures

New home prices across mainland China in December registered the smallest month-on-month decline since June 2023, propelled by Beijing’s stimulus…

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China’s consolidation of small banks accelerates to head off systemic risk

China’s efforts to consolidate its small banks have led to a sharp reduction in their numbers as regulators work to…

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China ‘confident’ in 2025 economic rebound, Hong Kong is key: central bank chief

China has the confidence, capacity and tools to ensure its economy recovers and grows this year, the country’s central bank…

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To boost China’s yuan, central bank makes it easier for firms to borrow more foreign debt

China’s central bank has mounted a stronger defence for the yuan and the domestic foreign exchange market, as the country…

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China should favour fiscal taps over policy easing to spur stocks: Goldman Sachs

China should learn from history and rely more on fiscal measures than rate cuts to spur stock market gains, according…

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