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People’s Bank of China

  • What Soaring Gold Prices Could Signal for 2024: Analysis
    What Soaring Gold Prices Could Signal for 2024: Analysis
    Major international events often accompany the surge in gold price, repeatedly confirming the investment hedging rule 'purchasing gold in troubled times.'
    April 23, 2024BY Ben Zhao and Cindy Li
  • China’s Largest-Ever Mortgage Rate Cut May Not Matter
    China’s Largest-Ever Mortgage Rate Cut May Not Matter
    News Analysis On Feb. 20, the People's Bank of China cut the country’s benchmark five-year loan prime rate ...
    February 20, 2024BY Indrajit Basu
  • China Hit With $7 Trillion Stock Rout Despite CCP Interventions
    China Hit With $7 Trillion Stock Rout Despite CCP Interventions
    Securing stock market stability has emerged as a paramount concern for China's communist regime.
    February 15, 2024BY Julia Ye and Sean Tseng
  • China’s Central Bank Unexpectedly Maintains Rate, Adds Liquidity
    China’s Central Bank Unexpectedly Maintains Rate, Adds Liquidity
    News Analysis The People's Bank of China (PBOC) held the medium-term policy rate steady on Monday, relying on ...
    January 15, 2024BY Indrajit Basu
  • China Maintains Benchmark Lending Rates but Cuts Likely Soon: Analysts
    China Maintains Benchmark Lending Rates but Cuts Likely Soon: Analysts
    'We anticipate 20 basis-points of cuts by the end of quarter-one next year.'
    November 20, 2023BY Indrajit Basu
  • People’s Bank of China Disappoints Analysts With Rate Cut
    People’s Bank of China Disappoints Analysts With Rate Cut
    After the People's Bank of China (PBC) on Monday decided not to cut an important interest rate that ...
    August 21, 2023BY Indrajit Basu
  • China Appoints New Central Bank Leader Amid Economic Woes
    China Appoints New Central Bank Leader Amid Economic Woes
    Chinese leaders appointed a new Communist Party chief at the People’s Bank of China (PBOC) on July 1, ...
    July 6, 2023BY Mary Hong
  • New Property Records Reveal Beijing’s Buy-Up of London’s Financial District
    New Property Records Reveal Beijing’s Buy-Up of London’s Financial District
    Newly released records showing overseas ownership of UK property reveal, for the first time, China’s strengthening grip on ...
    February 23, 2023BY Patricia Devlin
  • China Rolls Out Unprecedented Plan to Rescue Ailing Property Sector
    China Rolls Out Unprecedented Plan to Rescue Ailing Property Sector
    China's financial regulators have issued an unprecedented 16-point plan to rescue the country's floundering real estate market. The ...
    November 20, 2022BY Alex Wu
  • China’s Central Bank Slashes Key Rates as Economic Slump Deepens
    China’s Central Bank Slashes Key Rates as Economic Slump Deepens
    The People’s Bank of China (PBOC) surprised markets by cutting a key interest rate for the second time ...
    August 15, 2022BY Naveen Athrappully
  • Big Brother Is Getting Bigger
    Big Brother Is Getting Bigger
    “This is a surveillance tool, and it’s disguised as a payment mechanism,” Erik Bethel said of the Chinese regime's ...
    March 11, 2022BY Jan Jekielek and Jeff Minick
  • China’s Central Bank Declares All Cryptocurrency-Related Activities Illegal
    China’s Central Bank Declares All Cryptocurrency-Related Activities Illegal
    China’s central bank has declared all cryptocurrency-related transactions illegal while vowing to crack down on the virtual currency market. ...
    September 24, 2021BY Katabella Roberts
  • Analysis: China’s Banks Are Bursting With Dollars, and That’s a Worry
    Analysis: China’s Banks Are Bursting With Dollars, and That’s a Worry
    SHANGHAI/SINGAPORE—A mountain of dollars on deposit in China has grown so large that banks are struggling to loan ...
    June 2, 2021BY Reuters
  • Beijing Imposes New Banking Management to Control People’s Wallets
    Beijing Imposes New Banking Management to Control People’s Wallets
    The Peo­ple’s Bank of China (PBOC) announced the pilot plan of “large-sum cash management” in July. It is ...
    June 17, 2020BY Zhang Yujie
  • China Frees Up $56 Billion for Virus-Hit Economy by Slashing Small Banks’ Reserve Requirements
    China Frees Up $56 Billion for Virus-Hit Economy by Slashing Small Banks’ Reserve Requirements
    BEIJING—China's central bank said on April 3 it was cutting the amount of cash that small banks must ...
    April 3, 2020BY Reuters
  • China Cuts Reserve Ratios for Some Banks, Pumps Out $79 Billion to Spur Virus-Hit Economy
    China Cuts Reserve Ratios for Some Banks, Pumps Out $79 Billion to Spur Virus-Hit Economy
    BEIJING—China's central bank said on March 13 it was cutting the amount of cash that banks must hold ...
    March 13, 2020BY Reuters
  • China Cuts Benchmark Lending Rate as Economy Struggles to Shake Off Virus Shock
    China Cuts Benchmark Lending Rate as Economy Struggles to Shake Off Virus Shock
    SHANGHAI/TOKYO—China cut the benchmark lending rate on Feb. 20, as widely expected, as the authorities move to lower ...
    February 20, 2020BY Reuters
  • China Cuts Medium-Term Rate to Soften Coronavirus Hit to Economy
    China Cuts Medium-Term Rate to Soften Coronavirus Hit to Economy
    SHANGHAI—China's central bank cut the interest rate on its medium-term lending on Feb. 17 as policymakers sought to ...
    February 17, 2020BY Reuters
  • China Credit Machine Shrivels After IMF Disclosure Request
    China Credit Machine Shrivels After IMF Disclosure Request
    China’s ‘Total Social Financing’ credit growth plunged by -55.3 percent in July as the IMF was calling for ...
    August 20, 2019BY Chriss Street
  • People’s Bank of China Cuts Foreign Exchange Assets by a Third
    People’s Bank of China Cuts Foreign Exchange Assets by a Third
    The People’s Bank of China high-quality foreign exchange assets peaked in June 2014 and has fallen by a ...
    July 23, 2019BY Chriss Street
  • Fearing Depreciation, Chinese Are Breaking the Law to Move Their Money Abroad
    Fearing Depreciation, Chinese Are Breaking the Law to Move Their Money Abroad
    China has implemented tight control over its foreign exchange reserves due to the depreciating value of the yuan ...
    September 26, 2018BY Central News Agency
  • China Makes Fourth Recent Cut in Interest Rate to Boost Economy
    China Makes Fourth Recent Cut in Interest Rate to Boost Economy
    China's central bank announced Saturday the fourth round of interest cuts in seven months.
    June 29, 2015BY The Associated Press
  • China’s Central Bank Is Running Out of Time to Avert a Crisis
    China’s Central Bank Is Running Out of Time to Avert a Crisis
    After a stock market tumble last week, the People’s Bank of China quickly cut lending rates. It’s a ...
    June 28, 2015BY Fan Yu
  • Major Changes in China Will Impact Hong Kong and Japan
    Major Changes in China Will Impact Hong Kong and Japan
    On Feb. 18, 2015, Epoch Times Hong Kong branch president Ms. Guo Jun gave a speech in Tokyo's ...
    May 6, 2015BY Guo Jun
  • China’s Former Central Bank Chief Said to Be Investigated by Anti-Corruption Body
    China’s Former Central Bank Chief Said to Be Investigated by Anti-Corruption Body
    Dai Xianglong is allegedly being probed as part of investigations into former counterintelligence deputy chief Ma Jian.
    April 9, 2015BY Larry Ong
  • My Take on What the Chinese Govt Micro-Stimulus Scheme Reveals
    My Take on What the Chinese Govt Micro-Stimulus Scheme Reveals
    The recent emergence of the term “micro-stimulus” in the realm of Chinese economy marked the abandonment of the ...
    May 18, 2014BY He Qinglian
  • Money Printing Binge Endangers China’s Economy, Experts Say
    Money Printing Binge Endangers China’s Economy, Experts Say
    Money printing by China's central bank is a cause of economic instability, experts say.
    April 15, 2013BY Gao Zitan
TOP NEWS
  • IDF Says Iran Launches First Missiles at Israel Since Ceasefire Agreement
    NEW By Jacki Thrapp
    IDF Says Iran Launches First Missiles at Israel Since Ceasefire Agreement
  • Israel Strikes Beirut Days After US-Supported Ceasefire Announcement
    1hr By Jack Phillips
    Israel Strikes Beirut Days After US-Supported Ceasefire Announcement
  • Former Utah Attorney General Fights the Evil That Lurks in Quiet Places
    2hr By Savannah Hulsey Pointer
    Former Utah Attorney General Fights the Evil That Lurks in Quiet Places
  • US Forces Shoot Down 2 Iranian Drones as Pakistani Interior Minister Visits Tehran
    4hr By Jacki Thrapp
    US Forces Shoot Down 2 Iranian Drones as Pakistani Interior Minister Visits Tehran
  • US Won’t Unfreeze Iran’s Assets Before Peace Deal Is Reached, Trump Says
    4hr By Jacki Thrapp
    US Won’t Unfreeze Iran’s Assets Before Peace Deal Is Reached, Trump Says
  • Fascia: The Living, Interconnected Web Behind Movement and Healing–How to Enhance Its Function
    5hr By Mercura Wang
    Fascia: The Living, Interconnected Web Behind Movement and Healing–How to Enhance Its Function
  • Eli Lilly Poised to Suspend Drug Discounts to Large Hospitals
    9hr By Lawrence Wilson
    Eli Lilly Poised to Suspend Drug Discounts to Large Hospitals
  • US Bankruptcy Filings Increase 7 Percent Yearly
    10hr By Naveen Athrappully
    US Bankruptcy Filings Increase 7 Percent Yearly
  • How a Tiny Insect Decimated Florida’s Citrus, and What Orchardists Are Doing About It
    11hr By Jacob Burg
    How a Tiny Insect Decimated Florida’s Citrus, and What Orchardists Are Doing About It
  • Treasury Department Seeks to Redirect Iranian Assets to Gulf Nations for War Damages
    16hr By Melanie Sun
    Treasury Department Seeks to Redirect Iranian Assets to Gulf Nations for War Damages
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