People’s Bank of China (PBoC)

China’s monetary mandarins

The ever-increasing importance of China’s economic policymakers has led to intense scrutiny of the people behind the headlines. Andrew Peaple profiles the most important players

Further rate rise in China

The People's Bank of China has raised its key benchmark bank lending and deposit rates by 27 basis points. It was the third rate hike of the year in the booming economy.

Million-dollar-a-minute growth in Chinese reserves

The People's Bank of China accumulated foreign exchange reserves at an average rate of just over $1 million per minute in the first six months of 2007. The central bank said on 11 July that reserves had grown by $266.3bn to $1.33 trillion between January…

China's new reserve strategy

Hui Feng goes behind the scenes in Bijing to report on the new guidelines governing the management of the world's first trillion dollar pile of official reserves

China raises renminbi value

China has raised the value of the renminbi even as its central bankers rule out major reductions in the dollar share of the country's foreign exchange reserves.

Chinese interest rate reform

The People's Bank of China will continue reforms this year to make interest rates more market oriented, the central bank-backed Financial News said in a front-page editorial on 8 February.

Interview: Li Ruogu

In this exclusive interview, the deputy governor of the People’s Bank of China provides the background to the recent reform of its exchange rate system, the current monetary policy, China’s role in the international monetary system and its reserve…

CBC vows to maintain its independence

Central Bank of China governor Perng Fai-nan has pledged never to implement any measures violating the regulations of the Central Bank of China Law, according to a report by the China Post. Perng made the pledge when he was questioned about the CBC's…

Perng says SARS unlikely to harm NT dollar

The SARS outbreak is unlikely to have a significant impact on Taiwan's economy. That was the view expressed by Central Bank of China governor Perng Fai-nan to Taiwan's finance committee on Thursday 17 April, reports the Central News Agency.

Taiwan's cb fights SARS

The China Post in Taiwan has provided more details of the unusual cure Taiwan's central bank chief has proposed for the deadly disease Severe Acute Respiratory Syndrome (SARS).

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