People's Bank of China


  • Calls Grow for Central Bank Action as Stocks Swoon Sunday, 3 Jun 2012 | 10:12 PM ET
    Korea Stock Exchange in Seoul

    With global markets continuing their tumble and bond yields dropping in tandem, calls are getting louder for a coordinated central bank action to stem panic in markets.

  • Shanghai street scene

    Stimulus measures by Beijing will provide just a temporary fix for China’s slowing economy and could derail the country’s long-term economic rebalancing plans, say experts.

  • The massive commodities boom of the past decade is at its tail end given the slowdown in one of the largest consumers, China, says Ruchir Sharma, Head of Emerging Markets at Morgan Stanley Investment Management.

  • Beijing, China

    Continued weakness in China’s economic data, as well as growing risks of a Greek exit from the euro zone, will drive Beijing to launch aggressive stimulus measures in order to prevent a further deterioration of growth in the world’s second largest economy, economists and strategists told CNBC.

  • Euro Fall Would Raise Stakes for China, US Saturday, 12 May 2012 | 5:37 PM ET

    The situation in the euro zone has become so bleak that it is giving rise  to rumors the euro will be tied to the dollar at close to parity, a dramatic fall, which would have severe implications for the US and China. The Financial Times reports.

  • Data Signal Economic Trouble in China Thursday, 10 May 2012 | 7:24 PM ET

    As China’s leaders have been preoccupied with a political struggle leading up to a once-in-a-decade leadership change this autumn, there are increasing signs that the Chinese economy may be running into trouble. The NYT reports.

  • Dohmen: 'Soft Landing' in China? No Way! Tuesday, 8 May 2012 | 12:24 PM ET

    The overwhelming majority opinion is that a communist government can accomplish what no other country has ever done, namely engineer a soft landing from the bursting of an immense, speculative, credit bubble. I have a different view.

  • Hu Jintao, China's president (L) and Wen Jiabao, China's prime minister (R) and Wu Bangguo, chairman of the National People's Congress (NPC), attend the National Party Congress in 2011.

    China has loosened bank lending in response to its ongoing slowdown. But the old trick of turning up the monetary spigot merely delays the needed structural reforms and leaves a bigger inflation legacy. Instead, the country needs to lower taxes and improve competitiveness, says Andy Xie.

  • Global Economy Rebalancing: One Step Closer Wednesday, 18 Apr 2012 | 4:12 AM ET
    Chinese yuan coins on China's flag

    The one step closer I refer to is the announcement from the People’s Bank of China this weekend that it was widening the trading range in which the yuan could fluctuate against the US dollar, from 0.5 percent to 1 percent.

  • Chinese Set Course for Foreign Universities Wednesday, 4 Apr 2012 | 12:24 AM ET

    Chinese students are increasingly heading to western universities for both undergraduate and postgraduate education.

  • Two Cheers for China’s Rebalancing: Martin Wolf Tuesday, 3 Apr 2012 | 7:45 PM ET

    China’s economy is changing. Indeed, it has to change, as I argued two weeks ago (“How to blow away China’s gathering storm clouds”, 20 March 2012). The good news is the scale of the external rebalancing. The bad news is that this is at the cost of larger internal imbalances.

  • Why Slowdown in China Could Actually Help US Economy Thursday, 22 Mar 2012 | 2:15 PM ET
    Bull statue symbolizing the stock market on the Bund, Shanghai, China.

    A contraction in Chinese manufacturing has sparked fears of a hard landing in that country and an overall global slowdown. But that actually could prove a positive for U.S. economic growth.

  • The Stimulating, Provocative World of 2050 Friday, 16 Mar 2012 | 11:34 AM ET
    World in Hand

    The next four decades will be full of the unexpected, since we live in an era of particularly rapid change. But Megachange is something to be embraced, not feared. Here's why.

  • Vegetable market in Zhengzhou, Henan Province of China

    Despite China’s inflation rate hitting a 20-month low in February sparking talk of further monetary easing, some analysts don’t expect Beijing to aggressively boost growth as rising prices are still a threat.

  • China to Set Path for More Growth: Author Tuesday, 6 Mar 2012 | 6:09 AM ET
    Flag of the People's Republic of China

    China will unveil a host of new policies aimed at boosting growth in the next few weeks as the country tries to stimulate investment, according to James Kynge, author of the international bestseller "China Shakes the World".

  • China Stocks to Outperform in 2012: Strategist Wednesday, 29 Feb 2012 | 12:51 AM ET

    After spending most of 2011 in negative territory, Chinese stocks have the biggest upside potential, according to Cedric Ma, Senior Investment Strategist at Convoy Asset Management.

  • Next Big Financial Crisis Will Be Made in China Tuesday, 28 Feb 2012 | 8:19 PM ET
    A lone Chinese investor talks on the phone as he monitors his stock prices at a security firm in Hefei, east China's Anhui province.

    The next big global financial crisis will emanate from China. That is not a firm prediction. But few countries have avoided crises after financial liberalization and global integration. Would China be different? Only if Chinese policymakers retain their caution, says the FT's Martin Wolf.

  • Politics Cushion China's Economic Hard Landing Risks Monday, 27 Feb 2012 | 7:26 PM ET
    Chinese President Hu Jintao talks with Vice President Xi Jinping at China's Parliament in Beijing, China.

    The politics of China's need for a smooth leadership succession this year provide the best protection against a hard economic landing, regardless of stuttering exports, faltering capital flows, local government debts and lingering inflation risks.

  • Blueprint for China to Open Up Markets Thursday, 23 Feb 2012 | 6:19 PM ET
    Chinese Yuan and US Dollar

    China should accelerate the loosening of capital controls, its central bank said, in a report outlining the path to a freely tradable currency and more open capital markets. The Financial Times reports.

  • The Chinese central bank's move to boost economic growth by cutting the reserve requirement ratio (RRR) by 50 basis points over the weekend, for the second time in almost three months, is part of its "fine-tuning" of monetary policy, say analysts who expect more such easing in 2012.