PBOC

China’s central bank acts to stabilize yuan amidst a 16-year low

On Monday, China’s central bank, the People’s Bank … More…

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China requests banks to restrict certain outflows via Connect bond

China’s central bank has instructed several local banks to… More…

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China’s Central Bank: Digital Yuan Transactions Reach $250 Billion

China’s central bank governor has revealed that transactions using… More…

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Bitcoin Holds Steady as China Rate Cut Fails to Encourage Risk Taking

The risk-off mood is probably the market’s way of telling China that… More…

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Inflation in China Down to Lowest Number in More Than Two Years; Analyst Proposes Giving Cash Handouts to Avoid Deflation

Inflation in China registered an increase of 0.1% year-over-year… More… The post Inflation in China Down to Lowest ...

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Chinese Economist Urges Government to Reconsider Crypto Ban — Warns of Missed Tech Opportunities

An economics professor and former adviser to the People’s … More…

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China’s Hainan to boost NFT oversight as digital yuan trial ramps

Hainan’s market regulator wants to promote NFTs as part of the digital… More…

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China’s Digital Yuan Little Used, Former Central Bank Official Says

Trials of the digital yuan have produced disappointing results, … More…

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Former Chinese central banker says digital yuan ‘usage has been low’

A former China central banker said cumulative e-CNY transactions… More…

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Report: China Suspected of Stockpiling Gold to ‘Cut Greenback Dependence’

During the first week of November, the World Gold Council’s (WGC) … More…

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