At China's Two Sessions on Tuesday a panel of top financial regulators including People's Bank of...
peoples bank of china
by Scott Greene | Jun 24, 2013
The Wall Street Journal reports that Chinese stocks "were in free fall on Monday" after Beijing scrambled over the weekend to assure investors that its financial system had ample liquidity. After the People's Bank of China...
by Scott Greene | Oct 8, 2012
The World Bank lowered its growth forecast for China to 7.7 percent on Monday, 0.5 percent below its April estimate, according to the China Daily: The World Bank also lowered China's growth forecast in 2013 to 8.1 percent, from...
by Scott Greene | Jun 13, 2012
Following last weekend's interest rate cuts by The People's Bank of China, which signaled a move toward a more market-based banking system, The Wall Street Journal reports that China's banks will likely feel the squeeze on their...
by Scott Greene | Jun 7, 2012
China's central bank announced a 25 basis point cut to borrowing and lending rates on Thursday, the latest measure taken to stave off a hard landing for the economy. From The New York Times: The interest rate cut was the first...
by CDT Money | Feb 19, 2012
China's central bank announced a reduction in the amount of cash banks must hold as reserves on Saturday, capping a week that brought more signs of a slowing Chinese economy. The reserve requirement ratio for banks will drop by...
by Melissa M. Chan | Nov 15, 2011
After the reported slow down in October and the claims of a "soft landing" by China's economists at APEC, the International Monetary Fund (IMF) warned that China's banks were susceptible to off-balance sheet lending and a sudden...
by msandgren | Oct 7, 2008
An interview conducted by The 21st Century Business Herald with Wang Zili, the President of the Training Institute under the People's Bank of China, discusses the implications of the US credit crisis. The Beijing Review reports:...
by Kate Zhao | Oct 11, 2007
From Financial Times: Zhou Xiaochuan , China’s central bank governor, is expected to be replaced in the wake of this month’s Communist party congress – with his chances of a promotion fading, say Chinese officials and diplomats. Officials, scholars and diplomats familiar with the finance sector gave conflicting accounts of why Mr Zhou’s term at […]
by Kate Zhao | Oct 3, 2007
From Caijing.com.cn: The People’s Bank of China and the China Banking Regulatory Commission have announced plans to impose new real estate lending and credit policies aimed at quelling speculation through mortgage controls. Investors reacted to the announcement September 27 by pushing the Shanghai real estate compound index down nearly 4 percent to 303.25 points. At […]
by Kate Zhao | Aug 2, 2007
From Caijing.com.cn: The People’s Bank of China ‘s Shanghai branch has warned commercial bank lenders about the risks involved in extending credit lines to octopus-like company groups. In a first-of-its-kind report released July 31, the central bank cited two examples of credit abuse by unnamed groups, although Caijing has learned that the questionable borrowers were […]
by Xiao Qiang | Nov 23, 2006
From People’s Daily Online: China’s central bank is to encourage the development of microcredit in a bid to boost employment, said a deputy governor of the People’s Bank of China on Wednesday. Wu Xiaoling said at a meeting that the bank would establish a long-term re-employment system through facilitating microcredit. [Full Text]
by Michael Zhao | Jul 22, 2006
From the New York Times: China’s central bank on Friday moved to curb excessive lending for the second time in five weeks, in a bid to cool a surging economy. The People’s Bank of China ordered commercial banks to increase the amount of funds they hold in reserve to tighten the credit available for investment […]
From the Archives
National Day Parade in 360 Degrees
Oct 24, 2009
Cut Ties that Bind China to Special Interests (Updated)
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Media and the future of Tiger Leaping Gorge - Rachel Beitarie
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China dam project tests new environmental policy - Chris Buckley
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