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The People's Bank of China is the central bank of the People's Republic of China responsible for carrying out monetary policy and regulation of financial institutions in mainland China, as determined by People's Bank Law and Commercial Bank Law.
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National :
Shanghai lockdown could shave off about 2% of China's total GDP
New Delhi, April 14: The ongoing stringent lockdown in the Chinese financial hub of Shanghai following the resurgence of ... ...
International :
Ukraine crisis has made China's economy dependent on Japan's banks
With dollar liquidity in Asia likely to become tighter amid the Ukraine crisis and China's banking system remaining domestically focused, Japan's megabanks in financing Asia's economy will be a critical factor in ensuring free flow of dollars in the ...
International :
Surging Yuan could pose challenges for Russia and China
The fall of the Russian Ruble by 30 per cent following the latest Western sanctions has caused turbulence in the currency market. ...
National :
China's real estate sector set for big shakeup with state-owned enterprises now in pole position
New Delhi, Jan 11: Mergers and acquisitions (M&A) in Chinas troubled real estate sector could gain momentum in the ... ...
International :
Chinese economic growth rate to slump below 5 per cent
Grim days are ahead for the Chinese economy as the growth rate is to slump below 5 per cent following the property crisis, industrial slump, weak consumption and the fallout from COVID-19-led lockdowns. ...
Politics :
AfDB approves $210mn loan for Nigeria's special agro-industrial processing zones
Lagos, Dec 15 The African Development Bank (AfDB) has said it has approved a $210 million loan to ... ...
Technology :
Online payments during China's Singles' Day hit $3.48tn
Beijing, Nov 14 Chinese online payment clearinghouse NetsUnion and card payment giant China UnionPay reported online payments worth ... ...
International :
China bans cryptocurrencies, mining projects
New Delhi, Sep 24 The Chinese authorities said on Friday that all cryptocurrency-related businesses are illegal and called ... ...
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