Global Market: China holds rates steady as markets await fresh stimulus signalsChina's central bank has kept its key lending rates unchanged for the twelfth month. This signals caution from policymakers despite signs o...
20 May, 2026, 09.26 AM IST
China's youth unemployment rate at 15.8% — is the economy in doldrums? Country's central bank cuts key rates amid trade war with U.S.; here's what key indicators sayChina's urban youth unemployment rate for individuals aged 16 to 24 declined to 15.8% in April 2025, down from 16.5% in March, according to...
21 May, 2025, 08.36 PM IST
PBOC cuts short-term rate ahead of briefingThe decision to lower the 14-day reverse repurchase rate to 1.85% from 1.95% came ahead of the National Day Holiday that will last seven da...
23 Sep, 2024, 11.45 PM IST
China's central bank pauses gold purchases for a fourth month in AugustChina's central bank has paused its gold purchases for the fourth consecutive month in August, with holdings remaining at 72.8 million fine...
07 Sep, 2024, 09.12 AM IST
China surprises with cuts to key rates to support weak economyChina unexpectedly reduced a key short-term policy rate and benchmark lending rates on Monday to stimulate growth in the world's second-lar...
22 Jul, 2024, 09.37 AM IST
China President Xi’s mystery plans surface with biggest shift in yearsChina is potentially on the brink of major monetary policy changes, responding to President Xi Jinping's call to enrich the policy toolbox....
20 Jun, 2024, 01.25 PM IST
China's central bank vows to support economic recoveryChina's central bank said on Friday it will ensure reasonably ample liquidity and credit expansion to consolidate the country's economic re...
10 May, 2024, 07.59 PM IST
China's cenbank boosts liquidity further with MLF policy tool, rate unchangedThe People's Bank of China (PBOC) said it was keeping the rate on 591 billion yuan ($81.2 billion) worth of one-year medium-term lending fa...
15 Sep, 2023, 08.13 AM IST
China vows to coordinate support to resolve local government debt risksChina will coordinate financial support to resolve local government debt problems, the central bank said in a statement on Sunday, as polic...
20 Aug, 2023, 02.31 PM IST
Dollar rallies in Asia after Fed signals rate hikes; yuan, kiwi slideThe US dollar has rallied in Asian trading after the Federal Reserve confirmed potential rate hikes in the coming months, with the euro los...
15 Jun, 2023, 08.09 AM IST
Inside the PBOC’s struggle to balance China’s growth and debtEven with worsening data pointing to the risk of a sharper decline, the PBOC is staying the course, for now. While the US Fed has slashed b...
20 Nov, 2019, 01.26 PM IST
China keeps short-term borrowing rates steady after Fed hikeThe decision follows the bank's announcement Wednesday of a new lending tool.
20 Dec, 2018, 01.00 PM IST
People's Bank of the world? Next PBOC head inherits global cloutAn illustration of just how much the PBOC’s clout has grown came in August 2015 when an attempt to re-jig how China’s tightly controlled cu...
13 Mar, 2018, 12.09 PM IST
Yellen's shadow looms large over China's policyople's Bank of China tightened policy hours after the Fed; Officials say domestic drivers remain their primary influence.
21 Mar, 2017, 09.08 AM IST
In a first, Chinese central bank invests in Indian govt bondsPeople’s Bank of China (PBoC), the world’s second-largest holder of financial assets after the US Federal Reserve, has emerged as acreditor...
04 Nov, 2015, 03.49 AM IST
China adds stimulus with third rate cut in six monthsChina’s central bank cut interest rates for the third time in six months as it ratchets up support for an economy grappling with a debt ove...
11 May, 2015, 04.27 AM IST
- China hikes interest rates for second time this year
Hard-pressed to control soaring prices and spiralling inflation, China's central bank today hiked one-year lending and deposit interest rat...
26 Dec, 2010, 02.44 PM IST