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Results 1 - 8 of 8 for pboc

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  1. Business - Economy

    China expected to keep interest rates unchanged

    Posted Mar 20th 2013, 12:00am by Ray Chan

    ... for manoeuvre." Zhou Xiaochuan, who was reappointed PBOC governor by the National People's Congress, raised an alert last week about rising inflation. Zhou said the central bank planned to stabilise ...

  2. News - China

    Banks will have bigger say in setting interest rates

    Posted Nov 09th 2012, 12:00am by JANE CAI

    ... China's banks will play a larger role in setting their own interest rates, top bankers said yesterday on the sidelines of the 18th party congress. The move is likely to intensify competition and, possibly squeeze bank profit margins. Liu Shiyu, vice- ...

  3. Business - Economy - CHINA

    China unlikely to ease controls on interest rates soon

    Posted Sep 21st 2012, 12:00am by George Chen

    ... George Chen george.chen@scmp.com Concrete reforms needed before the central bank can further relax controls, say sources PBOC unlikely to move on interest rates soon Beijing took a small ... reforms, said the people, who asked not to be named because of the sensitive nature of the matter. Also earlier this month, the PBOC unveiled a vague blueprint for overhauling the financial sector ...

  4. Mainland financial sector gains fresh tools

    Posted Feb 10th 2006, 12:00am by Staff Reporter

    ... payments- either with other banks or their own loan or deposit clients. Trades can also be executed for their loan or deposit clients, a People's Bank of China (PBOC) statement said. ... PBOC said. Meanwhile, the growing complexity of interbank market participants' assets and liabilities called for the introduction of derivatives products such as interest rate swaps ...

  5. Business - Economy - INTEREST RATES

    China's new leaders likely to loosen interest-rate controls

    Posted Mar 14th 2013, 12:00am by BLOOM

    ... or removal of the lending-rate floor, according to the survey conducted from February 28 to March 5. Five said the PBOC is likely to make a market-based interest rate, such as a repurchase rate, ...

  6. Business - Banking & Finance - BANKING

    Inflation fears put check on more interest rate cuts

    Posted Aug 16th 2012, 12:00am by Victoria Ruan

    ... The People's Bank of China (PBoC) may not be too keen to cut interest rates further to combat slowing growth because the impact on demand is likely to be limited. There are also fresh concerns ... The PBoC also said rising labour costs and resources prices would add to inflation pressures. The worst drought in the United States in more than 50 years caused commodities to surge in price ...

  7. Tougher curbs on mainland economy forecast

    Posted Apr 29th 2006, 12:00am by Cary Huang

    ... Although bank officials sought to downplay the risks- the economy was 'overheating a bit', PBOC Governor Zhou Xiaochuan said yesterday- the acceleration of gross domestic product growth ... quarter was a relatively modest 1.2 per cent, the economy's rapid growth could trigger a surge in prices. Already, some sectors such as housing, have seen double-digit gains. The PBOC said ...

  8. Zhou pledge against inflation points to rise in rates soon

    Posted Nov 15th 2007, 12:00am by Cary Huang

    ... and property investments to seek higher returns, thus fuelling asset prices. Tim Condon, the chief economist with ING's Asian unit, said the PBOC would not want to appear complacent about ...



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