People's Bank of China
China seen holding rates unchanged as uneven economic recovery persists
Alongside surprisingly resilient exports, domestic demand is worsening amid a multi-year property downturn
China’s central bank hints at shift towards overnight policy rate to match global peers
Such a move would mark another step in the PBOC’s revamp of its policy framework that began in 2024
China signs up 26 financial institutions to digital yuan cross-border payment platform
It supports 24-hour digital payment links with foreign central banks and overseas financial institutions
PBOC asks big banks to curb interbank lending to ease cash glut: sources
The move is aimed at correcting market expectations around access to liquidity
China’s central bank cuts cash operation to record low as bond rally deepens
The move marks the latest step by PBOC to mop up excess funds that accumulated as loan growth slowed sharply
PBOC tells Chinese banks to boost May lending as credit weakness persists
Household and corporate loan demand has remained weak this month
China’s US$3 trillion of hidden bad debt prolongs economic pain
Chinese banks are also accelerating write-offs and transfers of bad assets
China’s central bank warns on imported inflation from higher oil prices, focuses on policy transmission
Many economists have already scrapped their forecasts for a rate cut this year
Global central banks’ use of renminbi swap lines hits 2‑year high amid rising demand for China’s currency
The latest increase highlights China’s drive for renminbi internationalisation
China’s central bank guides banks to step up lending in April: sources
PBOC’s rare credit push follows Middle East conflict fears and the nation’s ongoing property debt crisis