GO
Loading...

People's Bank of China

More

  • China Trade Figures Highlight Global Divide Sunday, 11 Sep 2011 | 7:29 PM ET

    Beijing is likely to face international pressure to allow its currency to appreciate faster as national trade with other countries remains robust. The FT reports.

  • China needs to float its currency in order to minimize financial imbalances that can cause another global recession, Australian Treasurer and Deputy Prime Minister Wayne Swan told CNBC on Tuesday.

  • Latin American Banks Cozy Up to Asia Amid Turmoil Wednesday, 24 Aug 2011 | 11:40 AM ET
    Banco Pine Headquarters, Brazil

    Market turmoil in Europe and the U.S. may have made financial institutions in Asia—particularly China—even more attractive sources of credit for Latin American banks.

  • Pedestrians walk past a branch of the Industrial and Commercial Bank of China (ICBC) in central Beijing.

    China’s banks have been putting aside more money to prepare for rising losses from loans to local governments. According to a recent report by China Construction Bank, mainland lenders have already put aside double their expected non-performing loans (NPLs) as reserves.

  • Euro Sags, Kiwi Gets a Lift Monday, 18 Jul 2011 | 8:48 AM ET

    The debt crisis drags on in Europe and inflation is up down under — it's time for your FX Fix.

  • How to Trade on New Zealand's GDP Report Monday, 11 Jul 2011 | 11:44 AM ET
    Close-up of paper money of new Zealand

    New Zealand is shaking off the economic effects of the February earthquake, and that's creating a trading opportunity.

  • Dollar Sails, Euro Sags Monday, 11 Jul 2011 | 8:19 AM ET

    Inflation bites in China, Italy and Greece sting the euro - it's time for your FX Fix.

  • Common Politics Muddy Waters in Rare Earth Discovery Wednesday, 6 Jul 2011 | 10:39 AM ET

    The discovery of huge deposits of so-called 'rare earth' minerals, used in high technology products, on the Pacific sea floor should ease long-term supply constraints and end a Chinese monopoly, which had been causing strategic concerns in the West, analysts said.

  • Dollar Lifts, Euro Has the Blues Wednesday, 6 Jul 2011 | 8:48 AM ET

    Higher rates in China, lower ratings in Portugal - time for your daily FX Fix.

  • Bank of China

    China bank stocks fell on Wednesday after Singapore sovereign wealth investor, Temasek, sold down part of its stakes in Bank of China and China Construction Bank. But some analysts say the move could be positive for the stocks and shows there is still plenty of demand for the sector from long-term investors.

  • How to Trade the Wave of Central Bank Meetings Friday, 1 Jul 2011 | 7:24 PM ET

    Get ready for more opaque comments on interest rates: a slew of central banks will meet this week. Here's how to trade accordingly.

  • Nanjing street shopping district.

    All is not well in China and the interbank market in the country is sending baffling signals, according to First Global Chief Strategist Devina Mehra.

  • End of Fed Easing is No Big Deal for Asia: HSBC Tuesday, 28 Jun 2011 | 11:07 PM ET
    An employee of Nissan Motor Company works on the assembly line at Nissan's Global Production Engineering Center (GPEC) on May 29, 2007 in Zama, Japan. The GPEC in Zama City is one of several training and development centres established by Nissan in order to train Nissan?s global manufacturing employees to become experts in the 'Nissan Production Way'; improving technology and production efficiency worldwide.

    The end of the Federal Reserve’s second round of quantitative easing this week will have little impact on Asia as the highly accommodative monetary policies in the region mean there's likely to be plenty of liquidity to support economies, according to HSBC.

  • Wen Visit Won't Provide Greek Solution: Analysts Friday, 24 Jun 2011 | 1:40 PM ET
    Wen Jiabao

    China's premier Wen Jiabao arrived in Hungary on Friday as part of a five-day tour of Europe that analysts expect will see the Chinese government attempt to reassure markets over its economic management and lend rhetorical support to Europe's economies.

  • Dollar Lifts, Loonie Slips Friday, 24 Jun 2011 | 9:45 AM ET

    The dollar rides some good economic news, for a change, and the Bank of England's Mervyn King delivers a scolding — time for your FX Fix.

  • Pound Gets Pounded, Greece Gets a Vote Tuesday, 21 Jun 2011 | 7:36 AM ET

    A confidence vote looms in Greece, and a Bank of England official goes all dovish - it's time for your FX Fix.

  • U.S. consumers, hobbled by debt and high unemployment, have been deleveraging, a process that will take another 3 to 5 years, Stephen Roach, Morgan Stanley’s non-executive chairman and the author of The Next Asia told CNBC on Tuesday.

  • US Money Printing to Benefit China Stocks: Fund Manager Thursday, 16 Jun 2011 | 11:48 PM ET
    Traders sit at their desks at the Stock Exchange in Hong Kong.

    Chinese stocks have seen a correction off late, but one fund manager, who's been shorting Hong Kong stocks since November, believes the market has hit bottom.

  • Corrupt Officials Took $124 Billion Out of China Thursday, 16 Jun 2011 | 8:52 PM ET
    Zhang Xiaochuan (L) and his younger brother Zhang Tiansheng stand trial on corruption charges in 2005 in Shaanxi Province. Zhang Xiaochuan, a former official of the Ministry of Propaganda in Chongqing, and Zhang Tiansheng were accused of embezzling millions of yuan and abusing power over 5 years.

    Corrupt Chinese officials smuggled an estimated Rmb800bn ($123.6 billion) of ill-gotten gains out of the country over a 15-year period, according to a report released by China’s central bank. The FT reports.

  • How China Could Yet Fail Like Japan Tuesday, 14 Jun 2011 | 9:08 PM ET

    Until 1990, Japan was the most successful large economy in the world. Almost nobody predicted what would happen to it in the succeeding decades. Today, people are in awe of the achievements of China. Is it conceivable that this colossus could fail? The answer is: yes, according to FT's Martin Wolf