The Economist7h
China’s financial system is under brutal pressure
With few other safe assets to turn to, banks that are under pressure, as well as insurers and fund managers, have piled into ...
People's Bank of China keeps one and five-year loan prime rates unchanged in Jan, as expected
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 ...
Year Of The Snake: Lower For Longer Chinese Yields
The Year of the Snake in 2025 brings the promise of wisdom, adaptability, and transformation. However, hopes of renewed ...
Major state insurers to allocate 30% of new premiums to A-shares annually as China pushes for long-term investment
Chinese financial regulators on Thursday further elaborated on an implementation plan issued a day earlier aimed at boosting ...
China to name Zou Lan as central bank deputy governor, sources say
Zou Lan, head of the monetary policy department at the People's Bank of China (PBOC), will be promoted to deputy governor of ...
China's Gold Market Update: Seasonal Strength In December
The LBMA Gold Price AM in USD fell in December while the Shanghai Gold Benchmark Price PM in RMB rose, supported by a ...
China to allow foreign institutions to offer new types of financial services in free trade zones
China will grant foreign financial institutions the same treatment as domestic ones in offering new types of financial ...
China’s Central Bank, Forex Regulators Pledge to Stabilize Yuan
Foreign-exchange regulators reiterated their pledge to defend the yuan, as the Chinese currency comes under renewed pressure ...
Global Times13d
China's central bank suspends treasury bond purchases
The People's Bank of China (PBC) announced on Friday that it has decided to temporarily suspend treasury bond purchases in the open market, starting from this month. The central bank said the ...