News

U.S. President Donald Trump ratchet up tariffs on Chinese imports to a prohibitive level of 145%, spurring a round of ...
BEIJING (Reuters) -Chinese banks extended 2.24 trillion yuan ($312.45 billion) in new loans in June, more than triple the ...
China's tech giants JD.com and Alibaba affiliate Ant Group are urging the central bank to authorise yuan-based stablecoins to ...
New bank lending in China rose by far less than expected in November, highlighting weak credit demand in the world's second-largest economy as policymakers pledge to roll out more stimulus measures.
Flying to or within China? Only 3C-certified power banks are allowed on domestic flights. Here’s what this means and how to ...
China's central bank has asked some financial institutions about their views on recent U.S. dollar weakness, people with ...
China on Sunday reappointed Yi Gang as head of the central bank in an effort to reassure entrepreneurs and financial markets.
With the developing world’s growing use of costly and opaque “payday loans” from China’s central bank, the IMF and World Bank need to demand far greater transparency from Beijing.
HONG KONG -- Shares of China's top state banks were mixed on Monday after four of them announced plans the day before to raise a combined 520 billion yuan ($71.7 billion) by issuing new shares ...
China has a new central bank governor. Pan Gongsheng, who has managed the world’s largest foreign exchange reserves for seven years and was credited with arresting a slide in the value of the ...
China’s biggest state-owned banks are slashing deposit rates again, fueling expectations this will create more wiggle room for the central bank to cut lending rates early next year.
As China’s economy has descended into deflation, the central bank’s lack of urgency has been a source of frustration for many economists. Policymakers at the People’s Bank of China (PBoC ...