The People's Bank of China announced on Mar.17 it approved the establishment of two financial holding companies in an effort to strengthen risk prevention and enhance financial regulation.
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2022-03-18 17:16:22
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China's outstanding yuan funds for foreign exchange expanded from a month earlier at the end of February, data from the central bank showed on Mar.16.
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2022-03-17 17:27:48
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China is taking solid steps to foster a green, low-carbon path of high-quality development, as it aims to meet its ambitious goals of peaking carbon dioxide emissions before 2030 and achieving carbon neutrality before 2060, political advisers said on Mar.10.
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2022-03-11 17:48:46
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China's macro leverage ratio, which measures the economy's overall indebtedness, has grown at a generally stable rate since 2017, the central bank said Mar.8.
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2022-03-10 17:24:44
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China's central bank plans to turn over more than 1 trillion yuan ($158.3 billion) in surplus profits to the country's central budget in 2022 to support enterprises, stabilize employment and ensure people's well-being.
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2022-03-09 16:39:39
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China has the confidence, conditions, and capability to ensure no systemic financial risks arise due to consistent efforts to prevent and resolve these risks, said the central bank Mar.3.
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2022-03-05 22:38:05
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The ongoing geopolitical risks are unlikely to send China's inflation soaring or derail the Chinese central bank's cycle of easing, experts said on Mar.2.
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2022-03-03 17:38:05
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The Chinese yuan is likely to hold its strength as a safe haven for global investors seeking shelter against geopolitical conflicts, leaving more policy space for China's central bank to support the economy, experts said on Feb.24.
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2022-02-25 21:48:09
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Central bank likely to cut rates, regardless of moves by US Fed
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2022-02-22 17:48:10
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China's outstanding yuan funds for foreign exchange expanded month-on-month at the end of January, according to central bank data released on Feb.15.
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2022-02-16 17:51:39
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The People's Bank of China, the country's central bank, may implement another interest rate cut in the near future to shore up the economy while its US counterpart is expected to tighten its policy significantly, experts said on Feb.7.
