Pan Gongsheng, governor of the People's Bank of China (PBOC), and Christine Lagarde, president of the European Central Bank (ECB), co-chaired the first annual governors' meeting between the PBOC and ...

The People’s Bank of China, backed by a phalanx of financial regulators, has introduced a sweeping 10-point plan designed not just to inject liquidity into a cooling economy, but to do so with ...

The latest reform builds on the principles laid out in October 2022, when the Chinese leadership pledged to improve the ...

The country’s Financial Intelligence Service (FIS) is leading this effort , with training and monitoring tools being ...

A total of 17 major Chinese automakers made statements as of press time on Wednesday, promising to unify their supplier ...

1. Implementing 10 initiatives to optimize special approval procedures, improve classification and naming rules, and ...

In its recently released 2024 Financial Stability report, the People's Bank of China (PBOC) underscored the importance of regulating crypto activities amidst ongoing global efforts. The report ...

China’s banks are pumping fresh funds into stalled housing projects and cutting rates on existing mortgages. The goal is to spark a financial turnaround for the nation’s beleaguered real estate sector ...

President Donald Trump’s trade war is a source of anxiety for Wall Street’s crème de la crème. But among those with close ties to the administration, there are glimmers of hope that it is finally ...

It marks the first known legal challenge against Trump’s tariffs, which have fulfilled a campaign promise and rattled financial markets ... purchases products from China. Filed in federal ...