People Daily (Free subscription) | yesterday
China doesn't have a timeline for ending its "loose" monetary policy, a central banker said yesterday ahead of data likely to show the nation's economic recovery is strengthening. China will maintain its policy stance "at present", Ma Delun, deputy governor of the People's Bank of China, told reporters in Mumbai, speaking through a translator. The banks have flooded the economy...
People Daily (Free subscription) | yesterday
According to latest data published on the website of the People's Bank of China (PBOC), China's central bank, outstanding Renminbi loans of China's financial institutions increased by 253 billion yuan in October, much lower than the previous month. Outstanding foreign currency loans increased by 16.3 billion U.S. dollars in October. Total outstanding Renminbi loans toped 39.39 trillion yuan,...
People Daily (Free subscription) | yesterday
... grown by 28 percent this year, according to statistics released by the People's Bank of China (PBOC) and China Banking Regulatory Commission (CBRC). China's listed banks ...
All Roads Lead To China (Free subscription) | 11/06/2009
... US President has ever been. He objectives will clearly have to be to shore up support from the PBOC by providing them with a measure of comfort, as well as cool the various trade tensions that have been developing over any number of issues (green jobs, wind farms , steel tubes, and so), but will have to remain “firm” publicly so as not to further isolate himself from his domestic concerns....
