Pan Gongsheng was axed from the Communist Party’s inner web last year. Then a slew of economic problems hit and the ...
China's central bank will cut banks' reserve requirement ratio (RRR) by 50 basis points in the near future, freeing up about ...
Hang Seng Mainland Properties Index surged as much as 5% after PBOC Gov. Pan Gongsheng announced several measures on Tuesday.
China's central bank has unveiled a major package of measures aimed at reviving the country's flagging economy. People's Bank ...
The country’s central bank also freed commercial banks to lend more money in a package of moves aimed at rekindling growth in ...
China bond yields fell to a record low after the People’s Bank of China announced that it will cut the reserve requirement ...
The US dollar to offshore Chinese yuan, or CNH rate fell to as low as 6.9951, the first time it breached the 7 per dollar ...
First he took a sip of tea to gather his composure. Then Chinese central banker Pan Gongsheng unleashed one of the country’s ...
Stocks in Hong Kong and China rose on the announcements, while the 10-year yield on Chinese bonds fell to 2% for the first ...
China's central bank introduced monetary stimulus and property market support in response to deflationary pressures and ...
Asian shares advanced Tuesday, with Chinese markets logging the biggest gains after the central bank announced a slew of measures to support the economy.
Heading into the last quarter of the year, the world second-largest economy has added policy steam with targeted stimulus to ...