People's Bank of China

China lowers funding costs with shift to overnight policy rate

2026-11-02T03:51:02.000Z
The central bank will start to conduct overnight reverse repo operations every day starting from Monday.

China lifts secrecy on new key rate, sets it below old benchmark

2026-10-31T03:53:35.000Z
The push will give Beijing more fiscal firepower to shore up the economy, helping offset challenges from sluggish consumption and a weak job market.

Chinese government to speed bond sales to stimulate growth

2026-10-28T04:20:33.000Z
Aligning the tenor of central bank operations with overnight repo rates would make the PBOC’s guidance more precise, PBOC Governor Pan Gongsheng said.

China signals overnight rate set to become main policy benchmark

2026-10-19T11:00:17.000Z
BOCHK’s move builds on efforts by the mainland and Hong Kong authorities to cement the city as a leading renminbi hub and promote the currency’s global status. 

Hong Kong’s clearing bank gains new funding access in renminbi push

2026-10-14T06:23:43.000Z
PBOC governor Pan Gongsheng says slower growth in aggregate financing will help stabilise leverage after years of rapid debt accumulation.

China’s slower loan growth is new normal, says central bank governor

2026-09-16T06:05:26.000Z
The People’s Bank of China has built up inventories in Hong Kong over the past few months, said the people, who asked not to be named discussing private matters. 

China central bank adds gold in Hong Kong amid trading hub push

2026-08-07T06:25:45.000Z
The PBOC’s latest meeting follows a call to accelerate the pace of fiscal spending on already budgeted infrastructure projects in the remainder of the year. 

China’s central bank pledges timely policy tool adjustment

2026-08-02T09:01:23.000Z
The offshore yuan was little changed at 6.7446 per dollar on Friday, after rising to 6.7440 overnight.

PBOC seeks to tamp down yuan rally with stable daily fix

2026-07-31T07:45:41.000Z
China’s economy is facing a structural mismatch between strong supply and weak demand, the People’s Bank of China said earlier this month.

China leaves benchmark lending rates unchanged for 14th consecutive month in July

2026-07-20T01:42:04.000Z