People’s Bank of China (PBoC)
Chinese policy-makers warm to PBoC bond trading
PBoC’s trading of government bonds will be different from QE, central bank official says
PBoC withdraws liquidity and holds key rate
Policy-makers refrain from easing despite weak inflation and exports data
PBoC steps up funding support for tech development
Central bank sets up a 500 billion yuan re-lending facility for tech firms
Banknotes: January to March 2024
A round-up of news and salient issues that have affected central bankers in the past three months
PBoC chief urges Asian nations to push for IMF quota reform
Pan Gongsheng says a redistribution of quotas at the IMF is long overdue
PBoC keeps benchmark rates unchanged
Markets expected decision to hold one-year and five-year loan prime rates
Chinese authorities reshuffle monetary policy committee
Four new members include securities regulator, PBoC deputy governor and two academics
PBoC holds key policy rate
Central bank holds off easing amid yuan weakness and banks’ narrowing margins
China sets 5% growth target
Economists question whether government can achieve GDP goal, given weakness in economy
PBoC pledges to improve visitors’ payment experience
China’s central bank tells firms to make mobile and card payments easier for foreign nationals
China makes record cut to mortgage reference rate
PBoC unveils 25bp reduction in five-year LPR in further bid to revive flagging property sector
PBoC holds key rate
China’s central bank refrains from further stimulus amid weak yuan
Philippine central bank may issue wholesale CBDC in two years
However, governor rules out using blockchain-based technology for digital peso
Consumer prices in China fall at fastest pace since 2009
Central bank says it expects modest rebound
PBoC steps up funding for development projects
Central bank injects 150 billion yuan amid slew of government measures to bolster property sector
Market seeks details of PBoC plan to open onshore repo trading
Traders welcome the move but want clarity on legal and collateral issues
China’s central bank to set up new credit market department
Unit will be tasked with guiding banks’ lending support for key areas of finance
PBoC and HKMA strengthen financial ties
Hong Kong to accept onshore bonds as collateral for RMB funds, as PBoC looks to open up repo market
PBoC announces biggest cut in banks’ reserve ratios for two years
Governor says 50bp reduction will free up 1 trillion yuan into financial system
China’s central bank holds key lending rates
Decision to keep one- and five-year LPRs is in line with analysts’ expectations
China revises rules for PBoC’s monetary policy committee
New rules form part of Communist party’s drive to strengthen control over domestic financial sector
Risks persist in China’s economy despite growth, analysts say
Property sector woes, youth unemployment and falling population all cited as long-term challenges
PBoC holds key rate after third consecutive month of deflation
China’s central bank surprises analysts by restraining policy support amid weak economic data
Former PBoC deputy makes televised corruption confession
Fan Yifei admits to accepting benefits from businesspeople on state broadcaster