High leverage is the ultimate origin of macro financial vulnerability, wrote Zhou, 69, who is widely expected to retire soon after a record 15-year tenure... READ MORE›
The People's Bank of China governor was speaking on the sidelines of China's 19th Communist Party congress... READ MORE›
Next week's 19th National Congress in Beijing is Xi Jinping's party... READ MORE›
Chinese banks are hiring blockchain experts as the government pushes use of the technology behind bitcoin to increase transparency and combat fraud in its financial sector... READ MORE›
The cryptocurrency has reacted sharply to reports in the past that China may tighten rules on the digital currency to curb capital outflows... READ MORE›
But some of Asia's most interventionist central banks appeared to be holding their nerve on currency policy... READ MORE›
China lets yuan fall faster share trading suspended as prices tumble... READ MORE›
Exclusive China's international payments system ready, could launch by year-end... READ MORE›
The United States was China's largest bilateral trade partner last year, with 558 billion worth of goods and services exchanged between the two countries, Chinese data showed... READ MORE›
The currency regime gives the central bank more room to allow two-way swings in the yuan versus the dollar, deterring one-way bets on the currency... READ MORE›
The poor January official PMI fueled bets that more monetary policy loosening was in store in the world's second-largest economy... READ MORE›
WASHINGTON -- China's economy lost some luster and its leaders their aura of invincibility... READ MORE›
The nominal dollar weighting in the new basket has been reduced by 4 percent, according to OCBC calculations... READ MORE›
Sheng Songcheng, adviser to the People's Bank of China PBOC, said regulation was needed for a healthy market... READ MORE›
In the future, even if the central bank needed to intervene in the market, it may be in either direction, he added... READ MORE›
The People's Bank of China set the midpoint rate CNY SAEC at 6.4010 per dollar prior to market open weaker than the previous fix of 6.3306... READ MORE›
This kind of data makes it really challenging to achieve the official 7 percent growth target this year... READ MORE›
Share this Email Print A Chinese national flag flutters outside the headquarters of the People's Bank of China, the Chinese central bank, in Beijing, April 3, 2014... READ MORE›
Even if China hits its official target of 7 percent growth this year that will still be its slowest pace of expansion in 25 years... READ MORE›
The PBOC has yet to comment on the date, the South China Morning Post reported... READ MORE›
The People's Bank of China PBOC allows the exchange rate to rise or fall 2 percent from official midpoint rate it sets each morning... READ MORE›
For the central bank, we think basically to keep monetary policy stable because this is not a nationwide serious problem... READ MORE›
It will comprise of two phases the first of which will look to facilitate cross-border yuan business activities and support trade in goods and services... READ MORE›
A rising dollar and an unrelenting desire for FX diversification by local residents means more yuan depreciation pressure, added Societe Generale's Daw... READ MORE›
Financial institutions face increasing credit risks China central bank vice governor... READ MORE›
Exclusive China's payments system scaled back trade deals only - sources... READ MORE›
Cheaper oil good for China growth, worry for renewables central banker... READ MORE›
The outcome revealed by Beijing on Monday keeps China's official gross domestic product target of around 7 per cent for 2015 within reach... READ MORE›
Excessive loosening of China's monetary policy would increase yuan pressure central bank... READ MORE›
In April, London overtook Singapore to become the world's second-largest offshore renminbi center behind Hong Kong... READ MORE›
Compared with September, the month-on-month price index for new residential property purchases retreated this month for cities including Beijing and Shanghai, NBS said... READ MORE›
Nonetheless, Beijing could no longer afford to sit and watch the speculative blaze raging through China's housing sector as well as its bond market... READ MORE›
The outcome revealed by Beijing on Monday keeps China's official gross domestic product target of around 7 per cent for 2015 within reach... READ MORE›
Daily Digital News provides public access to an archive of historical news articles from many popular news sources. Daily Digital News provides keyword searchable summaries, and links, to news articles that were originally publically accessible, and all news articles presented on dailydigitalnews.com were initially freely available to the general public. Daily Digital News does not claim any copyright ownership of the aggregated content of this website. Aggregated news content presented on dailydigitalnews.com may be subject to copyright, and the use made here is consistent with the principles of limited use for research and education. Daily Digital News takes advantage of unique web-crawling technologies and algorithms. This includes the use of services provided by Alchemy API (by IBM Watson) as well as other open source technologies. Daily Digital News operates this website on a not for profit basis. No income, revenue, remuneration, or profit of any kind has been made as a result of providing this website to the public. Use of this website is at the user's own discretion. Daily Digital News exercises no control over the use made of this website and accepts no liability to users or resources in relation to the contents of, or use of, or otherwise in connection with this website. Full Terms & Conditions