People's Bank of China

4 Mar 2013

Speaking on the sidelines of the opening session of the Chinese People's Political Consultative Conference, deputy central bank governor Yi Gang said the mainland's inflation rate will rise "...

China monetary tightening pressure eases off

3 Mar 2013

Pressure on Beijing to tighten monetary policy and macroeconomic controls is easing as inflation will be "relatively low" this month due to slowing food-price gains, central bank adviser Song...

Beijing wise to keep its central banker

27 Feb 2013

News that central bank governor Zhou Xiaochuan will stay in his post despite reaching the mandatory retirement age of 65 should be welcomed in China and overseas. It would be hard to name another...

Top mainland bankers likely to stay on in jobs past retirement age

25 Feb 2013

In a departure from the usual game of musical chairs among China's political circle, People's Bank of China Governor Zhou Xiaochuan, and Guo Shuqing, head of the China Securities Regulatory...

China's central banker skips retirement bar to stay on

21 Feb 2013

China's central bank governor, Zhou Xiaochuan, will retain his post despite reaching the compulsory retirement age of 65 and being left out of the inner-circle of the Communist Party in last year'...

Opinion

Wang Xiangwei

Super ministries may not be the right answer for mainland China

Alex Lo

Church developers remain unbowed by government rules

George Chen

A house is not a home until it becomes affordable

People's Bank of China sounds alarm over inflationary pressures

The mainland's service sector recorded the fastest growth since August last month as the non-manufacturing purchasing managers' index (PMI) hit 56.2, according to the National Bureau of Statistics...

Zhou will step down as PBOC chief, report says

Mainland central bank governor Zhou Xiaochuan will step down from his position next month, the China Securities Journal reported, without citing anyone.

Mainland banks expect revenue and margins to drop, survey says

The revenue and margins of the mainland banking industry are expected to fall in the next three years, according to a survey by the China Banking Association and PricewaterhouseCoopers China.

MONETARY POLICY

China's central bank to focus on controlling risks in financial system

The central bank says it will focus on controlling risks in the financial system and seek "stable and appropriate" growth in aggregate financing - a measure of funding that includes loans, stock...

BANKING

Hong Kong banks may extend yuan loans to firms in Shenzhen's Qianhai zone

Firms in Shenzhen's Qianhai development zone will be allowed to borrow directly from Hong Kong banks in yuan, the People's Bank of China branch in the mainland city said yesterday.

CURRENCIES

China plans greater yuan flexibility

China will increase the movement of the yuan's exchange rate "appropriately" to handle the latest rounds of quantitative easing by the world's central banks, Xinhua said in an editorial.