China Central Bank

China's central bank on Friday pegged the country's economic growth at five per cent, which is in line with the government's target for 2023.The central bank's economic projection comes just days after the International Monetary Fund dubbed…

The Chinese central bank, in a major economic recovery measure, announced that banks will be able to hold lesser reserves than before to keep liquidity sufficient to avert any crisis. The People's Bank of China (PBOC) said it would cut the…

<!-- -->The cabinet faces the task of revitalising the Chinese economy. (File)Beijing: China retained its central bank chief Sunday in a surprise move, as the country focuses on fighting economic headwinds. At a meeting of China's…

<!-- -->Fan, 58, has held the deputy governor position since early 2015.Shenzen: China's top anti-corruption watchdog said on Saturday it is investigating Fan Yifei, one of six deputy governors of China's central bank, over "suspected…

The unit was fined for violations that included transactions not meeting the requirements for traceability and authenticity, and failure to report significant risk events in a timely manner The unit was fined for violations that included…

Hong Kong: China's central bank has accepted Ant Group's application to set up a financial holding company, three people with knowledge of the matter told Reuters, a key step in finishing a year-long revamp of Jack Ma's fintech business and…

In what could cast shadow over Sino-Russian bilateral ties China’s Union Pay — the Chinese state run financial services network, had suspended negotiations with Russian banks on issuing new bank cards for their customers, according to…

<!-- -->China's central bank on Friday said all financial transactions involving cryptocurrencies are illegal, sounding the death knell for the digital trade in China after a crackdown on the volatile currencies.The global values of…

China's central bank will soon have access to private credit information of hundreds of millions of users of Ant Group's online credit service, in a move signaling more regulatory oversight of the financial technology sector. Huabei, Ant…