People's Bank of China


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    China’s latest inflation numbers suggest the economy is cooling faster than economists expected, but the drop in producer prices by a steeper-than-expected 2.1 percent in June could provide a boost for corporate margins according to experts.

  • Foreign Exchange Plays Key Role in Dividends Friday, 6 Jul 2012 | 1:12 PM ET

    Fluctuations in global currencies are not only having an impact on corporate earnings but on dividend growth as well. Asset management firms across the world are in the process of rebalancing their exposure to global markets.

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    The rate cuts from three major economies on Thursday may have dominated headlines, but it did little to inspire confidence in global stock markets, which fell as investors took the move to mean the world economy remains in trouble.

  • China’s Surprise Rate Cut Signals More Trouble Ahead Thursday, 5 Jul 2012 | 9:11 PM ET

    China’s unexpected cut in interest rates – the second in less than a month – suggests that the world’s second-biggest economy is in worse shape than it appears and the government is getting worried about growth prospects ahead of the release of key economic data next week.

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    Speculation over whether China’s central bank will cut the reserve requirement ratio (RRR) for lenders as early as this weekend heightened on Thursday after local media reports urged the People’s Bank of China (PBoC) to act to boost liquidity and spur economic growth.

  • Chinese Data Mask Depth of Slowdown, Executives Say Saturday, 23 Jun 2012 | 1:27 AM ET
    Jin Mao Tower and the Shanghai World Financial Center, in Shanghai.

    As the Chinese economy continues to sputter, prominent executives in China and Western economists say there is evidence that local officials are falsifying economic statistics to disguise the true depth of the troubles. The New York Times reports.

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    Asian markets fell on Thursday amid growing worries about global growth after China’s factory sector contracted for an eighth straight month, with economists telling CNBC it’s time for Asian policymakers to do more to boost growth.

  • China Inflation Eases; Is Door Open for More Stimulus? Saturday, 9 Jun 2012 | 10:15 AM ET
    Shanghai street scene

    China's inflation fell further in May, giving Beijing more room to fight a deepening economic slump following this week's interest rate cut.

  • China Faces Stimulus Dilemma Thursday, 7 Jun 2012 | 7:14 PM ET
    China Banknote Jigsaw Puzzle

    Many experts from inside and outside the Chinese government are warning of the dangers involved in a fresh round of stimulus and easy credit that could reinflate a property bubble and exacerbate the stark structural imbalances already present in its economy. The FT reports.

  • China Rate Cut Coming Soon? Don’t Bet On It Wednesday, 6 Jun 2012 | 6:40 AM ET

    Despite market speculation that China’s central bank may cut interest rates soon, strategists in the region tell CNBC that such a move is unlikely as recent economic data do not point to a huge slowdown to warrant aggressive monetary easing.

  • 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.