China's central bank is expected to deploy its most aggressive monetary tactics in a decade this year as it tries to stimulate the economy and soften the blow of impending U.S. tariff hikes, but in doing so it risks quickly exhausting its firepower.
China is set to slash pay for staff at its top three financial regulators, including the central bank, by about half, as part of a regulatory revamp unveiled in 2023 to bring their salaries in line with other civil servants,
BEIJING, Jan 20 (Reuters) - Zou Lan, head of the monetary policy department at the People's Bank of China (PBOC), will be promoted to deputy governor of the central bank, two sources with ...
China’s top securities regulator says it will work on building a mechanism to stabilise the market, vowing to anchor market expectations in 2025 after a disappointing start to the new year.
BEIJING/SHANGHAI (Reuters) - Investments in governments bonds are not risk-free, a Chinese central bank official said on Tuesday, warning of a potential market bubble and resulting turbulence if bond yields departed from economic fundamentals.
As China's economy struggles, officials in Beijing have the arduous task of formulating a policy response that can ensure sustainable growth in what promises to be a challenging year ahead.
China has ramped up its support for the yuan with tweaks to its capital controls and a vow to crack down on market disruption, after the currency dropped close to a record low against the dollar in offshore trading.
China Central Bank Governor Pan Meets BOE's Bailey in Beijing SHANGHAI (Reuters) - People's Bank of China Governor Pan Gongsheng met his Bank of England counterpart, Andrew Bailey, on Saturday in ...
The CSRC said it will work with the People’s Bank of China to enhance the effectiveness of two structural ... The formation of a possible state-backed stabilisation fund was among the items in Beijing’s broad stimulus package unveiled in late September ...
An outpouring of Chinese government bond issuance and early signs of improvement in the housing market helped stir up appetite for financing in December, drawing to a close a year when new loans declined for the first time since 2011.
This underperformance marks a pivotal shift in the narrative surrounding China’s economic trajectory. 2024 has been a turning point, where Beijing’s previously optimistic outlook has been tempered by a persistent post-COVID malaise.