E-PaperZhou Xiaochuan News
China 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 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 2018Is 2018 China’s big change year?
China faces daunting challenges in 2018. Yet, Guo Shuqing running the PBOC after Zhou Xiaochuan's retirement would be reason for optimism
4 min read9 Feb 2018PBOC governor warns on rising financial risk in China in blunt article
China's financial system is getting significantly more vulnerable due to high leverage, according to PBOC governor Zhou Xiaochuan
1 min read4 Nov 2017Global economy health at stake as China tries to hold sneeze
While China's output is still growing at a pace that sees GDP double every decade, the problem remains that much of that has been fuelled by a massive buildup of credit
4 min read30 Oct 2017The search for the ‘Minsky Moment’ is bigger than China
Given the interconnectedness between the $36 trillion worth G-3 nations: US, China and Japan, a Minsky Moment in any one of them could throw the other two giants off balance
4 min read26 Oct 2017‘Minsky Moment’ talk reaches China two decades after its debut
People's Bank of China Governor Zhou Xiaochuan has warned against a sudden slide in optimism that could trigger a jolting collapse in asset prices
2 min read19 Oct 2017PBOC governor says China’s 6.9% growth may continue in second half
PBOC governor Zhou Xiaochuan says a number of economic indicators show stabilized and stronger growth and the momentum of a 6.9% expansion may continue
1 min read14 Oct 2017China central bank boss calls for reform amid Congress countdown
PBOC governor Zhou Xiaochuan makes a fresh call to open up China’s financial sector, and warns that reform will become more difficult if the window of opportunity is missed
4 min read10 Oct 2017Imagining China without its top reformer
Sinologists are obsessing over the void that People's Bank of China governor Zhou Xiaochuan will leave behind after his impending retirement
4 min read15 Sep 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