Tags » People's Bank Of China

BRICSPost: China, Russia ink currency swap, energy deals

The world is shifting into the new paradigm. People are coming together in new and positive ways, and the US is choosing to be left behind. 593 more words


BRICSPost: Analysts hail yuan-euro direct trading announcement

September 30, 2014, 8:20 am

Analysts have given the thumbs up to the Chinese central bank’s announcement on Monday that the Chinese currency can now be traded directly against the euro in its interbank currency market. 378 more words


China Considers Replacing Central Bank Head, Party Officials Say

Top Contender to Replace Zhou Xiaochuan at PBOC Is Shandong Gov. Guo Shuqing, Officials Say

By Lingling Wei and Bob Davis
The Wall Street Journal… 1,117 more words

Weekly Economic Update

Economic Update 9-15-2014

  • Aside from the FOMC meeting—where language was scrutinized but little actually changed—the economic week was mixed. Several regional economic indexes came in with positive results, inflation was virtually unchanged and housing results were a bit disappointing relative to expectations.
  • 1,451 more words

19 Sept 2014 (AFR) - China eases monetary policy again to counter slowdown - House prices fall further across China

(19 Sept 2014, AFR, p29, Angus Grigg AFR correspondent)

‘China’s central bank has eased monetary policy for the second time this week, in an aggressive move to boost the slowing economy and revive the property market, which is battling to shrug off its worst slump on record. 43 more words

1.Market Observations

China prods its economy again as growth slows

China has doubled down on its economic stimulus, cutting short-term borrowing costs for banks Thursday as the nation’s leaders grow more concerned over slower-than-expected growth. 255 more words


People’s Bank of China to inject $81bn into China’s banking system

China’s central bank plans to inject Rmb500bn ($81bn) into the banking system, according to local traders and analysts, in the latest targeted attempt by Beijing to prop up flagging growth in the world’s second-largest economy. 398 more words