Beijing engineered a yuan devaluation in 2015, when the PBOC allowed a one-off 1.9% decline in the daily fixing rate.

China's central bank has injected 500 billion yuan ($70.24 billion) into its banking system during October through a new ...

The PBOC head added the central bank plans to “increase the intensity of counter-cyclical monetary policy," state media said ...

The country’s banking industry has grappled with weakening profitability under the weight of lower mortgage rates and ailing ...

People’s Bank of China pledges to serve the real economy, while October’s credit data shows a slight improvement.

China will continue to implement a supportive monetary policy to help promote sustained economic recovery, Pan Gongsheng, ...

China's 12 trillion yuan debt swap program is set to pressure banks' net interest margins while helping lenders conserve ...

China’s central bank refrained from purchasing gold for its reserves for the sixth consecutive month in October, according to ...

governor of the People's Bank of China, the central bank. "We will adhere to a supportive monetary policy, intensify and ...

BEIJING - China will steadily promote institutional opening-up of the financial service sector and the financial market, and ...

However, the real catalysts for today’s rally were comments from the People's Bank of China (PBOC), China Securities Regulatory Commission (CSRC), and especially President Xi. Technology was the ...

China will continue to keep its monetary policy accommodative as well as strengthen counter-cyclical adjustments in order to ...