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  • August 21, 2014
  • Last updated: 11:52am
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Results 1 - 10 of 21 for pboc

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  1. Business - Economy - ECONOMY

    PBOC poised to widen trading band of yuan

    Posted Apr 19th 2013, 12:00am by JANE CAI

    ... the shaky economic recovery and rising inflows of capital. Yi Gang, deputy governor of the People's Bank of China (PBOC), said at an International Monetary Fund conference in Washington the widening of the trading band would come soon. The PBOC controls the yuan's movement by setting a daily rate at which it starts trading. Last April it doubled the trading band to 1 per cent ...

  2. Business - Economy - ECONOMY

    PBOC vice-governor Yi Gang suggests Tobin tax on foreign exchange

    Posted Jan 05th 2014, 05:15am by AFP

    ... exchange management," he went on. In addition to heading SAFE, which regulates China's foreign exchange system, Yi is also a vice-governor of the People's Bank of China (PBOC ... told China Daily that a Tobin tax would work as a market-oriented way to cut down foreign exchange speculation in lieu of the country's present system in which the PBOC gives approval ...

  3. Business - Economy - ECONOMY

    Joining trade pact to boost China growth

    Posted Jun 25th 2014, 02:37am by Bloomberg

    ... history. In addition to the US and Japan, nations seeking the deal are Australia, Brunei, Canada, Chile, Malaysia, Mexico, New Zealand, Peru, Singapore and Vietnam. Ma, who came to the PBOC earlier ... It did not give forecasts for China's actual pace of growth. The PBOC did not immediately respond to a request for comment. Ma did not respond to an e-mail seeking comment. Commerce Minister ...

  4. Business - Economy - ECONOMY

    PBOC rules out easing monetary policy

    Posted Aug 20th 2013, 12:00am by JANE CAI

    ... Jane Cai in Beijing xuejun.cai@scmp.com PBOC rules out easing monetary policy The mainland will stick to its prudent monetary policy in the second half of this year with no policy U-turns ... are still very strong," he said. "There will not be consecutive slowdowns." He said the PBOC would try to strike a balance between maintaining economic growth, helping ...

  5. Business - Economy - ECONOMY

    Slowdown is nothing to fret over, says PBOC chief

    Posted Apr 22nd 2013, 12:00am by Bloomberg

    ... Bloomberg in Washington Slowdown is nothing to fret over, says PBOC chief China's slower expansion in the first quarter was "normal" as the world's second-largest economy sacrifices growth to make structural reforms, People's Bank of China governor Zhou Xiaochuan said in the US at the weekend. While a "mild" slowdown in the global economy did ...

  6. Business - Economy - ECONOMY

    China central bank move on yuan a sign of caution, not reform zeal

    Posted Mar 24th 2014, 04:45am by Reuters

    ... Reuters in Beijing Central bank path seen as least risky and also offers a way to hedge against further slowdown PBOC move on yuan a sign of caution, not reform zeal Paradoxical as it may ... a cabinet meeting. PBOC chief Zhou Xiaochuan said last week that deposit rates are likely to be liberalised in one to two years- the most explicit timeframe to date- and warned that deposit rates ...

  7. Business - Economy - ECONOMY

    People's Bank of China sounds alarm over inflationary pressures

    Posted Feb 07th 2013, 10:59am by Daniel Ren, Sean Kennedy

    ... Daniel Ren in Shanghai and Sean Kennedy Monetary easing abroad may put extra inflationary pressure on a recovering mainland economy, the People's Bank of China warns Inflation likely to cast a pall over China in 2013 The mainland economy, already sho ...

  8. Business - Economy - ECONOMY

    China eases credit flow to fight slowdown

    Posted Jun 13th 2014, 05:57am by Victoria Ruan

    ... issued through non-banking channels, fell to 1.4 trillion yuan last month from 1.55 trillion yuan in April, as regulators retained tight control over shadow-banking lending. Analysts say the PBOC ...

  9. Business - Banking & Finance - ECONOMY

    Beijing giving foreign economists the cold shoulder

    Posted Feb 18th 2014, 08:31am by George Chen

    ... the People's Bank of China discussed internally the idea of creating the position of "PBOC chief economist" to strengthen global monetary policy research for the central bank. The suggestion won support from PBOC governor Zhou Xiaochuan. Several chief economists at foreign and domestic banks were considered, including Ma Jun, a long-time chief China economist for Deutsche Bank. Ma ...

  10. Business - Economy - ECONOMY

    China economic growth to slow with investments, says ADB

    Posted Apr 02nd 2014, 05:45am by Victoria Ruan

    ... in the Financial News, a newspaper run by the PBOC, played down cutting banks' reserve requirement ratio as a policy tool, saying its effect of spurring growth might be short-lived. The ADB said ...




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