China Mirrors Fed Policies to Propel Yuan as Global Reserve Currency
PBOC mirrors Federal Reserve's monetary toolkit — interest-rate corridor and forward guidance — to boost yuan's global currency status, easing trade settlement…
PBOC mirrors Federal Reserve's monetary toolkit — interest-rate corridor and forward guidance — to boost yuan's global currency status, easing trade settlement…
PBOC hints at adopting an overnight policy rate framework similar to the Fed, a reform that could modernize China’s monetary policy signal,…
China’s credit growth undershot forecasts in May, underscoring tepid loan demand that frustrates the PBOC’s stimulus efforts and casts a shadow over…
Chinese consumer inflation unexpectedly stalls in May despite surging oil costs, signaling weak household demand and potential for additional policy stimulus from…
China’s central bank extends gold purchases as bullion struggles against dollar strength and rising yields, highlighting the battle between physical demand and…
China permits some banks to pay higher interest on dollar deposits, signaling efforts to manage capital flows and support the onshore dollar…
More than 1,000 Chinese exporters reported yuan strength as an earnings headwind, increasing pressure on the PBOC to reconsider its currency policy…
Chinese government bond yields hit a nine-month low, defying a global bond rout fueled by hawkish central bank shifts, as China’s easing…
China warns of imported inflation after Brent crude surges past $85, stoking stagflation fears and boosting gold as a hedge while weighing…
China’s factory inflation surges to a post-Covid high of 6.8%, driven by energy and raw material cost shocks, squeezing producer margins and…