People’s Bank of China (PBoC)
IMF warns China on rapid growth of social financing
Article IV consultation urges China to tighten prudential standards to rein in fast credit growth and rebalance economy away from investment; growth forecast trimmed again
China’s new financial and regulatory architects
Keeping Zhou Xiaochuan as governor of the People’s Bank of China will provide policy stability in the world’s second largest economy. But there are plenty of changes elsewhere
Australia to shift 5% of foreign reserves to China
Deputy governor Philip Lowe reveals the Reserve Bank of Australia will invest around 5% of its foreign exchange reserves in China; Asian economists divided over significance of move
Leap in renminbi trade strains PBoC exchange controls
Latest financial statistics show continued rapid rise in renminbi trade; PBoC deputy says exchange rate band may be widened again
China uses Brics summit to further RMB internationalisation
South Africa and Brazil sign deals with PBoC to 'strengthen economic relations' between Brics nations
Zhou Xiaochuan stays on as PBoC governor
People’s Bank of China governor Zhou Xiaochuan staves off retirement for another term at the top of the central bank; will target rising inflation and capital reforms
King and Zhou prepare ground for renminbi-sterling swap line
Governors discuss establishment of a currency swap arrangement between UK and China, with a final agreement expected to be signed ‘shortly’
Zhou Xiaochuan to stay on as governor of PBoC, says Reuters
China’s top central banker and renminbi reformer Zhou Xiaochuan may not step down from his post as previously expected, according to a news agency report
The contenders to succeed Zhou as governor at PBoC
China is set to name the successor to Zhou Xiaochuan as governor of the country's central bank, according to a Central Banking Journal article that weighs up the chances of the leading candidates
The next ‘Mr RMB’
Five leading candidates have emerged as the likely successor to Zhou Xiaochuan, governor of the People’s Bank of China. Hui Feng assesses their relative strengths and weaknesses
BoE and PBoC potential swap line met with optimism
Bank of England executive director announces willingness to create swap line with People’s Bank of China; currency strategists see little immediate impact but potential for growth
PBoC launches short-term liquidity operations
China’s central bank now offers repos and reverse repos with maturities of less than seven days; seen as a step towards interest rate liberalisation
PBoC statistics show rapid increase in renminbi trade
Efforts made by the People’s Bank of China to promote renminbi internationalisation start to pay off, as cross-border trade in local currency increases 41% in 2012
PBoC’s Zhou promises more 'opening up' in 2013
Zhou Xiaochuan suggests the PBoC will make greater efforts in 2013 towards deepening financial reforms and ‘opening up’
Finland paper sizes up Chinese reforms
Research published by the Bank of Finland examines financial liberalisation in China and what it means for the country’s monetary policy framework
Bank of England must promote RMB trading, warns Chinese official
A swap line between the central banks of the UK and China would be a key step towards the growth of offshore renminbi, a former official of the People's Bank of China said yesterday
Robert Pringle’s Viewpoint: How governments are undermining world finance
Central bankers need to forcefully express their concerns about the unintended consequences of new regulatory policies
PBoC’s Yi urges IMF to complete quota and governance reforms
Deputy governor of the People’s Bank of China calls on remaining IMF members to approve 2010 quota and governance reforms; US has yet to accept the changes
IMF meeting set to reinforce global pessimism
Governments need to take urgent policy action to capitalise on the ‘breathing space’ created by central banks. But few attending the IMF meeting in Tokyo believe law-makers are fit for the task
PBoC repo activity does not signify a major shift to open market operations
Substantial market intervention by the People’s Bank of China during the past few months does not signify a policy shift to open market operations – at least, not for now – says Hui Feng
Fed paper examines Chinese response to rate shocks
Federal Reserve study explores the response of the People’s Bank of China to foreign interest rate shocks; says liberalisation of foreign currency policies could reduce central bank’s costs
No ‘lame duck year’ for the PBoC, says CBJ author Hui
China’s central bank has made progress in reforming the country’s financial system during the past year; progress exceptional given leadership elections, says Hui
The beginning of the end for renminbi internationalisation?
The People’s Bank of China has surprised market watchers by taking critical steps to liberalise the renminbi and interest rate policy in the country
HKMA names Huo as new PBoC advisor
Huo Yingli will take over from Mu Huaipeng as the PBoC official seconded to offer financial co-operation assistance between China and Hong Kong