Earlier this week, the PBOC signaled it would maintain its supportive monetary policy stance, but not much more ... Yet in the year ahead, odds are high that the PBOC will become more active in battling deflation.
China’s yuan traded past ¥7 per dollar on Thursday for the first time in over a year, with the offshore unit reaching 6.9964 and onshore settling at 7.0067, according to data from Google Finance...Offshore trading remained thin as well ... 25 and Dec ... ....
A notice released by the PBOC said that eligible personal overdue credit information will be removed from the central bank's credit reporting system after the debts are fully repaid ... The PBOC stressed ...
On Monday, the People’s Bank of China (PBOC) announced that it has left its 1-year loan prime rate at 3.00% and the 5-year rate at 3.50%, refusing to budge for the seventh meeting in a row ...That’s the lowest growth since August 2024 ... ....
China is preparing a new fiscal plan built around ultra-long special government bonds in 2026, with the finance ministry saying the money will go toward major national strategies and security tasks ... China sets bond plan and adjusts policy tools.
But again, to be fair, the yuan had already taken a hit earlier that morning, when the People’s Bank of China (PBOC) announced that it has fixed the trading band way lower than expected, setting it at ...
China is lining up a 5% GDP growth target for 2026, keeping the same number it used this year, according to government advisers and analysts ... But advisers say those moves take time to work ... Beijing pushes fiscal and rate tools ... ....
A recent PBOC warning on illicit crypto activities has sent shockwaves through digital asset prices, highlighting the fragile balance between innovation and oversight ... What Did the PBOC Actually Say About IllicitCrypto Activities?.