People's Bank of China
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financeChina Accelerates Yuan Internationalization with Direct Offshore Transactions
China's PBOC allows six banks to trade offshore yuan directly from the mainland, enhancing international financial connectivity.
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financeChina Sells 10-Year Bonds at 1.71% Yield Amid Low Borrowing Costs
China's Ministry of Finance auctions 10-year bonds at 1.71%, signaling ongoing low borrowing costs to support economic recovery.
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financeChina Credit Resilience: Aggregate Financing Beats Estimates Despite Demand Concerns
China’s Total Social Financing reached CNY17.48 trillion through May 2026, beating consensus. However, weak April data raises questions about underlying private credit demand and fiscal reliance.
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financeChinese Banks Hike Dollar Deposit Rates to Slow Yuan Rally
At least five Chinese banks have raised interest on US dollar deposits to curb the yuan's rapid appreciation, signaling a strategic policy shift.
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financeChina Cuts Key Interest Rate to Record Low in Bid to Revive Economy
PBOC lowers one-year Loan Prime Rate to 3.0%, a historic low, as Beijing ramps up efforts to counter economic slowdown.
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financeGoldman Sachs Bets on Yuan Rally Ahead of Trump-Xi Summit
Goldman Sachs projects 4.5% yuan appreciation to 6.50 by mid-2027, citing the upcoming Trump-Xi summit and PBOC signals.
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financeChina's Inflation Surges: PPI Hits 2.8%, CPI Rises 1.2%
China's April PPI rose 2.8% year-on-year, beating expectations, ending a 41-month deflation streak. CPI climbed 1.2%.
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financeChina Property Crisis: Prices Plummet to Two-Decade Lows
China's housing market faces its steepest decline in 20 years, triggering concerns over GDP growth forecasts and economic stability. Analysts watch for policy responses.