People’s Bank of China (PBoC)
China holds loan prime rates
PBoC stays put again as yuan strengthens after Trump signals potential trade talks with Xi
China to focus more on consumption, says PBoC governor
Pan Gongsheng wants domestic demand to be “key driver of growth”
China to make use of all monetary tools to boost growth
PBoC flags external volatility and renews pledge to support economy in quarterly report
PBoC appoints Zou Lan as deputy governor
Former monetary policy department head will become youngest member of China’s central bank board
China tells insurers and mutual funds to buy more stocks
Regulators, including PBoC, provide new instructions to boost domestic equities market
HKMA’s renminbi repo plans boost hopes for onshore access
Market participants optimistic that new provisions for offshore repos of onshore bonds are first step towards mainland access
PBoC holds key lending rates
Move comes after China hit 5% growth target for 2024, but analysts expect further easing this year
Mainland China and Hong Kong deepen financial ties
PBoC and HKMA announce new measures to promote renminbi use
PBoC suspends government bond purchases
China's central bank moves after “persistent excess demand” causes yields to hit record lows
PBoC to issue record amount of bills in Hong Kong
Central bank to auction 60 billion yuan of bills in territory amid weakening renminbi
PBoC provides further financial support for tech firms
Central bank follows up on previous policy and allocates $13.6 billion through lending facility
Japan and Philippines renew swap agreement
China also renews 15 billion yuan currency swap line with Nigeria
PBoC vows to cut reserve requirements and interest rates
Officials pledge to keep monetary policy “moderately loose” and support capital markets
China shifts to ‘moderately loose’ monetary policy stance
Officials also vow to pursue “more proactive” fiscal stance next year
China’s inflation drops to five-month low, despite stimulus
Some analysts expect PBoC to deliver further cuts in rates and RRRs by end of 2025
Pan: PBoC will continue ‘supportive’ policy next year
Central bank also expands M1 definition as governor Pan Gongsheng signals continued stimulus
Cross-currency letters of credit gaining popularity in Asia
Divergent central bank policies see CNH LCs increasingly used to cover USD invoices
Bofit study projects continued slowdown in China
Group’s latest forecast says economy needs to be rebalanced in favour of consumption
PBoC and HKMA to link up instant payment systems
Trial in 2025 will allow residents to make cross-border small-value transactions
PBoC launches new reverse repo operations
Injections via new liquidity tool could help offset maturing central bank loans to banks in fourth quarter
Central bankers reflect on wins and challenges of mBridge
Multi-CBDC project’s transaction value has grown, but regulatory and operational issues remain
HKMA sets up company to run bond settlement system
Business will run the Central Moneymarkets Unit under new governance structure
PBoC cuts loan prime rates
Reductions in benchmark lending rates follow recent stimulus measures
PBoC launches special lending facility for share buybacks
Governor says central bank might also make further cuts to reserve requirement ratio