People's Bank of China
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
China taps another tool to drain excess cash from market
It is set to withdraw a net 200 billion yuan (S$37.3 billion) via its one-year medium-term lending facility in April
PBOC injects cash despite flush liquidity, fuelling bond rally
Policymakers are prioritising low funding costs and smooth government financing to support the economy
China to keep benchmark lending rates steady after strong GDP data
Its economy is weathering the Iran war better than others, prompting banks to walk back calls for rate cuts
Chinese bonds near inflection point as inflation outlook shifts
The brighter outlook for the world’s No 2 economy has prompted global banks to withdraw or scale back forecasts for a PBOC rate cut this year
China drains cash from economy in rare move during oil shock
The central bank withdraws a total of 890 billion yuan worth of liquidity via short-term open market operations in March
