People’s Bank of China

China Cuts Interest Rates to Shore Up Economy Hit by Trade War

China’s central bank acted shortly after news that officials from China and the Trump administration will hold their first formal trade talks since the punishing tariffs began.

By Daisuke Wakabayashi and Amy Chang Chien

Banking and Financial Institutions China Deflation (Economics) Economic Conditions and Trends Government Bonds People's Bank of China Prices (Fares, Fees and Rates) Stocks and Bonds

China’s Central Bank Stops Buying Bonds as Deflation Fears Grip Economy

The unexpected action is intended to tamp down a potential bubble in the bond market fueled by investors shunning riskier assets like stocks and real estate.

By Keith Bradsher

China Currency Customs (Tariff) Economic Conditions and Trends International Trade and World Market People's Bank of China Protectionism (Trade)

After Trump’s Tariff Threat, Is a China Currency War Next?

While China could offset American tariffs by letting its currency fall, that might endanger Beijing’s recent efforts to stabilize the economy.

By Keith Bradsher

Banking and Financial Institutions China Economic Conditions and Trends Government Bonds Local Government National People's Congress (China) People's Bank of China Politics and Government Real Estate and Housing (Residential) Trump, Donald J

China Reveals $1.4 Trillion Plan to Bail Out Local Governments

The massive support package came after a series of smaller measures in recent weeks were announced to jump-start growth in China’s sluggish economy.

By Meaghan Tobin and John Liu