We are Sorry, This Page doesn't Exist

While there’s no launch date yet, the People’s Bank of China is likely to be the first major central bank to issue a digital version of its currency, the yuan, seeking to keep up with -- and control of -- a rapidly digitizing economy. Trials an.....»»

While there’s no launch date yet, the People’s Bank of China is likely to be the first major central bank to issue a digital version of its currency, the yuan, seeking to keep up with -- and control of -- a rapidly digitizing economy. Trials an.....»»

Monitoring how the People’s Bank of China handles its “managed float” system for the foreign-exchange market isn’t easy: The central bank has various tools at its disposal, some public, some hidden. While its thinking is essentially unknowable.....»»

Alibaba stock slid in early trading this morning after China cracked down on Ant Group. The People’s Bank of China ordered Alibaba’s Ant Group to return to its payment processing roots. That .....»»

The People's Bank of China offered discounts to banks' reserve ratios by a half or 1 percentage point from the.....»»

As COVID-19 cases continue to soar outside of China, its impact is expanding over markets worldwide, causing stocks to plunge. But considering that this is the time when people are usually looking to book their summer holidays, thing.....»»

Markets in Asia and the European Union traded in a mix on Thursday as the spread of the novel coronavirus in China seemed to be slowing down with the People's Bank of China taking further measures to reduce the economic impact. read more.....»»

China Photos/Getty Images The People's Bank of China announced it will begin destroying notes collected by hospitals, buses, and markets in coronavirus-addles locales, financial news outlet Caixin .....»»

Mastercard Inc. announced Tuesday that it has won "in-principle approval" from the People's Bank of China (PBOC) to begin preparations for a potential bank-card clearing business in t.....»»

The People's Bank of China said several important processes in the development of the digital yuan were "almost complete.".....»»

U.S. asset manager BlackRock Inc, Singapore state investor Temasek Holdings (Pte) Ltd and China Construction Bank Corp (CCB) have agreed to set up a wealth management joint venture in China, said people with direct knowledge of the matter......»»

China Downturn Could Last Five Years Warns Central Bank An advisor to the People's Bank of China (PBoC) said China's economy might not recover for the next five years,.....»»

The People's Bank of China is said to be preparing to launch pilots for its digital currency in Shenzhen and Suzhou from the end of the year......»»

The People's Bank has said blockchain is a solution to trade finance asymmetries in the latest promotion of the tech in China......»»

The People's Bank of China.....»»

China's yuan is at an appropriate level currently and two-way fluctuations in the currency will not necessarily cause disorderly capital flows, a senior official at the People's Bank of China told Reuters on Tuesday......»»

China's yuan is at an appropriate level currently and its fluctuations will not necessarily cause disorderly capital flows, a senior official at the People's Bank of China told Reuters on Tuesday......»»

President Donald Trump reacted to China's currency falling below a key level, sending a tweet showing his displeasure. The People's Bank of China didn't get in the way of the China yuan falling below 7 to.....»»

Trade negotiations between China and the United States at a G20 meeting over the weekend went better than expected and provide a positive roadmap for further talks, People's Bank of China Governor Yi Gang said on Monday......»»

U.S. Treasury Secretary Steven Mnuchin said in a tweet on Sunday he had a "constructive meeting" with People's Bank of China Governor Yi Gang, including a "candid discussion" on trade issues......»»