Articles on People's Bank of China
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China is trying to stimulate bank lending – but it also has longer term problems.
The digital yuan could make transactions faster, cheaper and more transparent, but there are dangers for the global economy.
Canada doesn’t have many public banks. The best known, the Canada Infrastructure Bank, seems intent on privatizing critical public services instead of working towards the public good.
There’s no indication that handling cash increases your chance of catching COVID-19. But that hasn’t stopped countries around the world from looking at digital currencies.
As the governor of China’s central bank oversees the stability of the world’s second largest economy, this leadership change is one the global economy is watching closely.
Regulation and oversight could be the saviour or the death of a Bitcoin and others.
All over the world people who have been harmed by the conventional money systems are devising alternative currencies, challenging the centralised monetary policy approach.
This week China compelled its banks to lend more money, a move interpreted as propping up its currency. But was it?
Beijing wants the Renminbi to become an international currency - but is it prepared to do what it takes?
Market speculation on whether the Fed will raise rates is reaching fever pitch, but the central bank no longer has the pull it once did.
China’s actions around the yuan are less dramatic than they have been portrayed. But what’s behind the drop is the major worry for Australia.
China’s interventions to cheapen its currency relative to others will hurt US imports in the short term, but the country’s surging “mainstream” will easily offset the impact.
The US may not like it, but by devaluing the yuan the People’s Bank of China has done what longtime critics of China’s currency policy have long been clamouring for.
Most of the new credit released after China’s central bank cut the required reserve ratio will be used to fund new investment in infrastructure and construction – and that’s good news for Australia.
The 100 basis points cut by the People’s Bank of China is as much as about containing unregulated credit within China as a bolster to slowing growth.
China’s central bank surprised most observers last month when it announced its first interest rate cut in more than two years. The move is intended to bolster growth in the world’s second-largest economy…















