E-PaperPboc News
China will make monetary policy more flexible, targeted: PBOC
China will keep the macro-leverage ratio basically stable, and improve the bond default risk prevention, People's Bank of China said
1 min read26 Nov 2020Is it time to worry about china—again?
With big liquidity infusions, regulatory tweaks and macroprudential measures, People's Bank of China (PBoC) masterfully avoided a globally systemic event
3 min read29 Jun 2018Fitch affirms China’s A+ rating, says commitment to debt stabilisation key
Fitch Ratings affirms its A+ rating on China, and says tighter regulations have curbed financial risks without jeopardising growth targets
2 min read21 Mar 2018China names Yi Gang as first new PBOC governor in 15 years
China names Yi Gang to run its central bank, elevating a long-serving deputy governor with deep international links to the forefront
4 min read19 Mar 2018Xi Jinping’s carrot could be catalyst for an all-in China rally
More than political risk, ballooning state-owned-enterprise and local-government debt is the key concern that has prevented global investors from going all-in on China
2 min read13 Mar 2018Looming trade war overshadows emerging-market tumult this week
From China to Peru, emerging-market investors face a week of tumult as a trade war looms and faint sprouts of peace emerge on the Korean peninsula
1 min read12 Mar 2018Xi Jinping confidant Liu He emerges as front runner to head China’s central bank
Liu He, a Harvard-trained economist who is a trusted confidant of Chinese President Xi Jinping, has emerged as the front runner to be the next governor of the People's Bank of China (PBOC)
4 min read23 Feb 2018China central bank reaffirms prudent, neutral monetary policy in 2018
People's Bank of China (PBOC) pledges to maintain a prudent and neutral monetary policy this year and keep liquidity reasonably stable
1 min read6 Feb 2018PBOC official argues a Detroit-like bankruptcy may benefit China
A PBOC official says a case like the bankruptcy of Detroit would convince investors that the Chinese government is really determined to dispel beliefs of an implicit guarantee for regional authorities
1 min read25 Dec 2017China opens banks, brokers to foreign control
Foreign firms will be allowed to own up to 51% in securities ventures and life-insurance companies in China, caps that will be removed gradually over time, says China vice finance minister Zhu Guangyao
1 min read10 Nov 2017Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared