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,
China introduces measures to boost its equity markets by encouraging share buybacks, higher dividends, wealth management, pension and insurance funds to invest in the markets
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 vowed to help the economy grow this year, firming expectations of more monetary easing.
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.
People's Bank of China Governor Pan Gongsheng met his Bank of England counterpart, Andrew Bailey, on Saturday in Beijing and discussed topics including financial stability and cooperation, China's central bank said on Sunday.
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 ...