PBOC Changes Minds on Policy as Goldman Sees Longer Easing Pause
Global lenders like Goldman Sachs Group Inc. retracted calls for further monetary stimulus in China this year after the central…
Tag: PBOC
PBOC Governor Warns on Stablecoin Risks as Global Anxiety Builds
People’s Bank of China Governor Pan Gongsheng stiffened warnings on the risks around stablecoins, as the digital tokens usually pegged…
PBOC Adviser Says China Has to Do ‘Something Major’ for Economy
China needs a bolder spending package to mend the finances of households and companies, according to a central bank adviser,…
PBOC Adviser Huang Yiping on China's Economic Outlook
Huang Yiping, a People’s Bank of China adviser and Dean of Peking University’s National School of Development, spoke to Bloomberg…
Former PBOC Chief Warns Stablecoins May Threaten Financial Stability in China
A former governor of the People’s Bank of China warned against calls for the Chinese government to allow yuan‑based stablecoins,…
Former PBOC Chief Zhou Pushes Back Against China Stablecoin Idea
China’s former central bank chief Zhou Xiaochuan issued a warning about the potential dangers of stablecoins, putting him in opposition…
PBOC Signals No Urgency for Rate Cuts Despite Poor Economic News
China’s central bank indicated it’s holding back from aggressively easing monetary policy with moves such as interest-rate cuts, even though…
PBOC Supports Banks’ Moderate Bond Buying, Flags Excessive Risk
China’s central bank is encouraging smaller lenders to invest in sovereign bonds “within reasonable limits,” while continuing to caution against…
PBOC Adviser Urges $209 Billion Stimulus to Counter US Tariffs
China should add as much as 1.5 trillion yuan ($209 billion) in fresh stimulus to boost consumer spending and maintain…
PBOC Chief Sees Currency Competition as Dollar Dominance Falters
People’s Bank of China Governor Pan Gongsheng laid out in the clearest terms yet his vision for the future of…