GuoShuqing,headofChina’snewregulatorforthebankingandinsurancesectors,hasbeennamedasCommunistPartysecretaryofthePeople’sBankofChina(PBOC),thecentralbank,theNewYo
China'scentralbankonWednesdaylaidouttherulesforforeign-investedpaymentfirmsovermarketaccessandsupervision,inabidtoopenupitspaymentservicemarketandencouragecompe
China'scentralbankonWednesdayannouncedplanstoregulateQRcodepaymenttocontainrisksarisingfromthepopularservice.AccordingtoadocumentreleasedbythePeople'sBankofChin
Chinawillcontinueimplementingprudentandneutralmonetarypolicytocreateaneutralandmoderatefinancialenvironmentforsupply-sidestructuralreform,thecountry'scentralban
The People's Bank of China (PBOC) and the Monetary Authority of Singapore (MAS) on Tuesday announced the renewal of the existing bilateral currency swap arrangement (BCSA) for a further term of three years.
China will set up the Shenzhen-Hong Kong Stock Connect this year, according to Zhou Xiaochuan, governor of the People's Bank of China (PBOC), the central bank.
China's central bank on Friday cut interest rates and lowered the reserve requirement ratio (RRR) to promote growth and interest rate liberalization.
The expansion of a credit-asset pledged relending program should not be misinterpreted as a Chinese version of quantitative easing (QE), a senior economist of the central bank told Xinhua on Wednesday.
China's new measure requiring commercial banks to pay risk deposit for forward foreign exchange sales aims to raise the cost of forex speculation and avoid excessive fluctuation, the central bank said Tuesday.
The People's Bank of China (PBOC), the central bank, announced cutting the reserve requirement ratio (RRR) and lowering key interest rates on Tuesday.
The People's Bank of China (PBOC), the central bank, announced it would issue a new 100-yuan bank note from Nov. 12 on Monday.
China's central bank said Thursday it will continue to support liquidity need of China Securities Finance Corporation Limited (CSF), the national margin trading service provider, to stabilize a tumbling stock market.
China's central bank on Sunday announced an interest rates cut starting May 11, the third time since November last year, to bolster the real economy.
China's central bank on Sunday appointed the Industrial and Commercial Bank of China (ICBC) to clear transactions involving the country's currency, the Renminbi or yuan, in Canada's financial hub of Toronto.
China's central bank injected short-term liquidity into the country's large commercial banks on Monday to ensure the stability of the country's monetary market ahead of the Spring Festival.
China's central bank on Monday told the country's over-extended lenders to manage liquidity risks to stabilize the monetary environment.
China's central bank said on Sunday that the country will continue to implement the prudent monetary policy while fine-tuning it at proper time.