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People’s Bank of China

A girl is withdrawing money from an ATM. After a five-month...

NIFA Acknowledges China Rapid Finance As Founder Member

China Rapid Finance has been acknowledged as the founder member of NIFA. The recognition will enable CRF to work for publishing rules and regulations in developing self-disciplined online lending marketplace in China. CRF expects the official release of such rules and regulations will exert positive impact and eventually confirm the industrial development .

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The First G20 Finance Ministers And Central Bank Governors Meeting Opens In Shanghai

PBOC Governor: China's Economy Is In Good Shape

PBOC governor Zhou Xiaochuan is confident to say that China's economy is healthy along with the assurance that yuan will not be devalued again and that the country has enough monetary tools to support the economy.

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CHINA-ECONOMY-FOREX

China's foreign exchange stocks decline to trillions

China's foreign exchange reserves had declined reaching to trillions. However, the government made efforts to support the local currency from dropping further.

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People's Bank of China (PBOC)  building

China's bonds sell at 50-year high yield as borrowing costs increase

China's recent government CNY20 billion or USD3.3 billion bond sale recorded a 5.3% yield, which was the highest obtained by the mainland since selling debt since 2009.

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