News & Insights Across Asia
China’s central bank has introduced significant monetary policy adjustments to boost economic growth and stabilize the housing market, including interest rate cuts and reduced down payments for second homes.
China’s major lending rates remained unchanged in August as the PBOC maintains a steady monetary policy amid signs of economic slowdown and global shifts.
PBOC Governor Pan Gongsheng announces China’s financial system is stable with reduced local government debt, low mortgage down payments, and a significant drop in risk levels.
China will accelerate improvements to its central bank system and promote high-quality financial development, according to PBOC Governor Pan Gongsheng in an exclusive interview.
At the 15th Lujiazui Forum in Shanghai, leaders from China’s top financial regulators, including PBOC Governor Pan Gongsheng, outlined supportive monetary policies to promote high-quality economic development.
China’s yuan-denominated loans surged by 10.19 trillion yuan in the first four months, signaling a significant boost in lending activity and economic stimulus efforts by the Chinese mainland.
The People's Bank of China reports a balanced and effective monetary policy execution in Q1, fostering economic recovery with measures ensuring sufficient liquidity and reduced financing costs.
Pan Gongsheng, governor of the People’s Bank of China, met with U.S. Treasury Secretary Janet Yellen in Beijing, signaling a move toward enhanced economic dialogue between the two nations.
The People’s Bank of China has announced new measures to further open its financial markets, enhancing global connectivity and attracting increased overseas investment.
China’s financial authorities, led by the People’s Bank of China, pledge enhanced support for the high-quality development of the real economy, as detailed in a recent press conference.
