Tags » People's Bank Of China

China Central Bank Releases Priorities for 2016

MOFCOM. April 24, 2016 – 16:41 BJT (19:41 GMT)   Xinhua.  The People’s Bank of China (PBOC), the country’s central bank, has unveiled its prioritized tasks for 2016.  263 more words

Ministry Of National Defense

Bounce in China’s economy may be short-term rebound, not long-term reversal, Experts warn

By Wendy Wu
South China Morning Post

PUBLISHED : Tuesday, 19 April, 2016, 9:15pm

 

Zhang Xiaoqiang warns the removal of obsolete capacity in the Chinese economy might lead to pressure on employment, increase bad loans by banks and drag down tax income and growth at the local government level. 548 more words

Mainland China central bank sets yuan sharply weaker following strengthening of US dollar

By Xie Yu
South China Morning Post

 Mainland China’s central bank set the yuan mid-price significantly weaker on Thursday morning, following a strengthening of the US dollar in the past two days, and after the mainland reported stronger-than-expected trade figures for March on Wednesday. 250 more words

China Stocks Up, But Japan’s Nikkei Falls on Rising Yen

The yen reached a fresh high against the U.S. dollar

Currency traders monitor the yen’s exchange rate with the dollar, top right, and Nikkey stock index, bottom right, at a foreign exchange brokerage in Tokyo on Monday. 460 more words

Yuan Interbank Rate in Hong Kong Drops Into Negative Territory -- “Overall liquidity conditions are very flush in the offshore yuan market.”

Bloomberg News

The interest rate to borrow yuan overnight in Hong Kong fell into negative territory for the first time, spurring speculation lenders are trying to trim deposits to limit the amount of funds that will be locked up as part of a new rule imposed by China’s central bank. 262 more words

The Day The People’s Bank of China Reached Out To The Fed

Markets | Mon Mar 21, 2016 3:17pm EDT

WASHINGTON | BY JASON LANGE

   Reuters

A man walks past the Federal Reserve in Washington, December 16, 2015. 1,033 more words

IMF Pressing China to Disclose More Data on Currency Operations

Fund is calling on Chinese central bank to release further details about its holdings of derivatives

A staff member checks yuan notes at a bank in Lianyungang, China, in January. 881 more words