People's Bank of China

China’s Industrial Output and Retail Sales Surge, Boosting Recovery Hopes

China's economic outlook shows improvement as industrial output and retail sales beat expectations in October. Industrial output accelerated to 4.6%,…

2 years ago

Exclusive: China set to fine Ant Group over $1 billion, signalling revamp nears end-sources

Chinese authorities are poised to impose a fine of more than $1 billion on Jack Ma's Ant Group, said six…

3 years ago

China c.bank increases cash injections to soothe tightening worries

China's central bank increased short-term fund injections into the financial system on Wedneday, in a bid to soothe market worries…

4 years ago

China’s factory activity in July grows at slowest pace since Feb 2020

China's factory activity expanded in July at the slowest pace in 17 months as higher raw material costs, equipment maintenance…

4 years ago

Analysis: China’s RRReminder that economies remain fragile

China's decision on Friday to give its economy a 1 trillion yuan ($154 billion) shot in the arm has given…

4 years ago

Bitcoin steadies in Asia trading after Monday’s plunge

Bitcoin stabilised in Asian trading on Tuesday morning a day after a statement from China’s central bank reaffirming the ongoing…

4 years ago

Bitcoin slumps further as China tightens crypto crackdown

Bitcoin tumbled on Monday to a two-week low on China’s expanding crackdown on bitcoin mining, as investors grew more uncertain…

4 years ago

China urges banks, Alipay to crack down harder on cryptocurrencies

China's central bank said on Monday it had recently summoned some banks and payment firms, including China Construction Bank (601939.SS)…

4 years ago

China c.bank chief says inflation under control, vows ‘normal’ monetary policy

China's central bank governor said inflation is "basically under control", and monetary policy would be kept steady, in comments a…

4 years ago