Pan Gongsheng, governor of the People's Bank of China, told reporters Wednesday there was room to further cut banks' reserve requirements — the amount of cash they need to have on hand. He was ...

The People's Bank of China is contemplating a major overhaul of its monetary policy, aligning it more closely with the U.S. Federal Reserve's model. The People’s Bank of China is contemplating a major ...

Pan Gongsheng, governor of the Chinese central bank, People’s Bank of China, dismissed the idea that its bond trading is a form of massive monetary easing. What Happened: Gongsheng clarified that the ...

People's Bank of China Gov. Pan Gongsheng announced a flood of support measures in a rare press conference Tuesday amid a deepening economic slump. Beijing will cut the amount of cash banks need to ...

Beijing signaled more liquidity support for the country’s stumbling economy, and senior officials made unexpected trade-data disclosures, marking a new trend of surprise policy and data announcements.