People’s Bank of China – Page 5

China’s Property Crisis: Why It’s So Hard for Beijing to Fix

Beijing has often addressed economic troubles by boosting spending on infrastructure and real estate, but now heavy debt loads make that a hard playbook to follow.

By Keith Bradsher

Banking and Financial Institutions China Country Garden Government Bonds Interest Rates People's Bank of China Real Estate and Housing (Residential)

China Central Bank Cuts Key Interest Rate on Bank Lending

The action by the People’s Bank of China, the central bank, the latest in a series of steps to try to spur lending, was more modest than expected.

By Keith Bradsher

Banking and Financial Institutions China China stocks chinese economy Deflation (Economics) Hong Kong People's Bank of China Stocks and Bonds

China and Hong Kong Stocks Slump as Economic Gloom Spreads

A string of worrying data has taken the fizz out of markets.

By Vivek Shankar

Banking and Financial Institutions China Currency Foreign Investments Pan Gongsheng People's Bank of China Politics and Government Renminbi (Currency)

Pan Gongsheng Named Head of Chinese Central Bank

Pan Gongsheng, who was named governor of the People’s Bank of China after overseeing $3 trillion in reserves, stopped a currency plunge in 2016.

By Keith Bradsher