The People's Bank of China unleashed a fusillade of measures aimed at arresting the nation's economic malaise Tuesday morning ...
A s China’s economy has descended into deflation, the central bank’s lack of urgency has been a source of frustration.
As China grapples with a deepening real estate crisis, attention is shifting to an equally pressing concern: the ...
At 9 a.m., the People's Bank of China (PBOC) Governor Pan Gongsheng led a press conference along with China Securities ...
Chinese stocks and bonds rallied and Asian stocks hit 2-1/2 year highs as Governor Pan Gongsheng announced plans to lower ...
China's central bank Tuesday cut mortgage interest rates, the minimum downpayment for homebuyers and said it would soon slash ...
China may also cut the RRR further this year by another 0.25 to 0.5% at the appropriate time. The PBOC will also lower the ...
The Peoples Bank of China plans to cut the reserve requirement ratio by 50 basis points, with further reductions expected by ...
China’s central bank lowered a short-term policy rate and pumped more liquidity into the financial system, as it continues ...
The government is aiming for economic growth of around 5.0% for 2024, but some investment banks including Goldman Sachs, ...
China's central bank followed the Federal Reserve's lead by cutting interest rates on Monday. It also revealed it's planning to hold a rare briefing on the economy, sparking gossip about whether ...
China's central bank announced a slew of stimulus measures as the economy struggle to achieve its growth target amid continuing ...