As a presidential candidate, Donald Trump turned China's currency into a campaign issue, but GOP stumbles are now strengthening the yuan.
The People's Bank of China will take on a bigger role in macro-prudential management and in averting systemic risk, President Xi Jinping said.
Without proper rules and regulations in place, cryptocurrencies can run amok, says BTCC CEO Bobby Lee.
The PBOC's concern over bitcoin regulations stems from the fact that use of the cryptocurrency has grown rapidly in China, says Bobby Lee, CEO of BTCC.
Bitcoin lacks the fundamental attributes needed to be a currency that could meet modern economic development needs, a PBOC adviser said
Growth in China's shadow banking is slowing amid coordinated government action to contain systemic risks, Moody's said in a note Tuesday.
Chinese state-owned banks were seen selling dollars at the 6.80 yuan per dollar level in the onshore foreign exchange market on Tuesday.
China opening up its fixed income market to foreign investors will eventually unleash “massive” demand, HKEx CEO Charles Li said on Friday.
China's official manufacturing PMI for June rose to 51.7, accelerating from 51.0 in May and beating a Reuters poll forecast for 51.0.
Chinese growth will accelerate because it'll finally get leaders who aren't scared, said a former advisor to China's central bank on Wednesday.
China is sending a “remarkably strong signal” about stemming capital outflows by going after big companies, said the IMF’s China ex-chief.
Most China crash predictions are looking at the wrong scenario, said Michael Buchanan, head of strategy at Singapore wealth fund Temasek.
China's bond market will double in size from the current $9 trillion over the next five years to become the world's second largest, a UBS report says.
China's central bank will not take action to shrink its balance sheet like the U.S. Federal Reserve, adviser says.
PBOC Governor Zhou Xiaochuan criticized protectionism in China's financial sector hours ahead of MSCI's decision on Chinese A-shares.
Protectionism would compromise the competitiveness of China's financial sector, the country's central bank governor Zhou Xiaochuan said.
Dong Chen, Pictet Wealth Management, says the People's Bank of China doesn't have an incentive to follow the Fed's lead due to widening treasury spreads.
The Fed rate hike is unlikely to have a meaningful impact on Asian markets as global exports recover, says Sarah Lien, Eastspring Investments.
The PBOC will not necessarily follow the Fed's rate hike as China seeks stability ahead of a leadership reshuffle this fall, observers said.
Vishnu Varathan from Mizuho Bank says it won't trigger any immediate tightening from PBOC, which is watching its own money market needs.