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 knowledge of the matter said. The appointment will be announced as soon as this week,

An aerial view of the Lin-gang Special Area of China Shanghai Pilot Free Trade Zone. [Photo provided to chinadaily.com.cn] China has further opened up the financial sector by pledging equal treatment for domestic and foreign financial institutions in terms of launching new financial services in eligible free trade zones,

The move breaks with five months of buying and coincides with a brutal selloff in global bond markets, suggesting the People's Bank of China is also trying to ensure yields at home rise in tandem, or at least stop falling, analysts say. Yields, which move ...

China's central bank and top securities regulator have vowed to ramp up supportive policy tools to shore up the country's capital market. The remarks were made at a recent seminar on stock buyback and repurchase loaning program,

The People’s Bank of China emphasized its goal to keep the yuan stable, as the currency hovers near a record low in offshore trading amid headwinds from a slowing economy.

Investments from the National Social Security Fund, mutual funds and other sources will be increased to boost the stock market, regulators say.

The People’s Bank of China ((PBoC)) maintained the 1-year LPR at 3.1% for corporate and most household loans, and the 5-year LPR at 3.6% for mortgages. Both rates are at record lows following ...

Foreign-exchange regulators reiterated their pledge to defend the yuan, as the Chinese currency comes under renewed pressure amid prospects of U.S. trade tariffs.

The People’s Bank of China vowed to help the economy grow this year, firming expectations of more monetary easing.

The Chinese currency jumped against the US dollar as trade war worries receded, but some fear the gains may be ‘short-lived’.

The bank halted its government bond purchases Friday in an attempt to slow a one-way bonds trade that’s put unwanted downward pressure on the yuan, analysts say.