A major Chinese monetary policy update this week has given rise to a re-rating catalyst for Chinese stocks like Alibaba. Read ...
China's central bank will cut banks' reserve requirement ratio (RRR) by 50 basis points in the near future, freeing up about ...
Since taking the helm in July 2023, People’s Bank of China Gov. Pan Gongsheng had avoided giant stimulus bursts of the kind ...
The country’s central bank also freed commercial banks to lend more money in a package of moves aimed at rekindling growth in ...
Pan Gongsheng was axed from the Communist Party’s inner web last year. Then a slew of economic problems hit and the ...
On Tuesday, Central bank Chief Pan Gongsheng told a news conference in Beijing that it would cut a slew of rates in a bid to boost growth, pledging to "promote the expansion of consumption and ...
People's Bank of China governor Pan Gongsheng cut a key short-term interest rate and announced plans to reduce the amount of money banks must hold in reserve to the lowest level since at least ...
First he took a sip of tea to gather his composure. Then Chinese central banker Pan Gongsheng unleashed one of the country’s ...
Pan Gongsheng, Governor of the People's Bank of China (PBOC), announced at a press conference of the State Council Information Office that the PBOC will lower the mortgage interest rates for ...
China's central bank introduced monetary stimulus and property market support in response to deflationary pressures and ...
its governor Pan Gongsheng said on Tuesday. Pan, speaking at a news conference alongside officials from two other financial regulatory agencies, said the seven-day repo rate will be cut by 0.2 ...
For the nation’s stocks, Pan said the central bank will provide at least 800 billion yuan ($113 billion) of liquidity support, adding that officials were studying setting up a market ...