China’s central bank plans policy overhaul

China’s Central Bank Vows Support for Tech, Consumption
Good morning. China’s central bank will step up support for tech and consumers. Wall Street banks are quitting a once-popular climate alliance. And Chinese cat owners have a new use for Covid pills. Listen to the day’s top stories.
China’s central bank plans policy overhaul as pressure mounts on economy
People’s Bank of China will start to behave more like US Fed in using one main interest rate to steer demand for credit
China’s central bank says it will cut banks reserves, rates at proper time
China's central bank said it will cut banks’ reserve requirement ratio and interest rates at “proper time” during a quarterly meeting of its monetary policy committee held last week, according to a statement published on Friday.
China stocks rise amid broader gains in Asia markets as PBOC reportedly signals rate cuts
Economic data on tap appeared thin on Friday, while investors in Asia continue to assess China's monetary easing policy, political chaos in South Korea.
FirstFT: China’s central bank prepares for historic monetary policy shift
The People’s Bank of China plans to cut interest rates this year as it makes a historic shift to a more orthodox monetary policy in line with the US Federal Reserve and the European Central Bank.
China's central bank likely to cut rates in 2025, FT reports, as part of broader policy shift
China's central bank said it is likely to cut interest rates from the current level of 1.5% "at an appropriate time" in 2025, the Financial Times reported on Friday citing comments the bank made to the newspaper.
China’s central bank prepares a full-on economic policy change
The People’s Bank of China (PBoC) is rewriting its playbook, breaking away from decades of rigid, state-controlled monetary policy. In 2025, it’s planning a game-changing interest rate cut from its current 1.
People’s Bank of China signals interest rate reduction this year amid policy shift
The People’s Bank of China announced that it would likely reduce interest rates from the current 1.5% "at an appropriate time" this year, marking a significant shift in its monetary policy approach, the Financial Times reported on Friday,
Putin orders Russia's top bank to team up with China in AI push to challenge Western tech dominance
Russian President Vladimir Putin continues seeking to expand his challenge of the West's order — this time in tech. The ...
China’s PBOC Vows More Support for Innovation and Consumption
China’s central bank said it will step up financial support for technology innovation and consumption stimulation as part of ...
2025 China Outlook: A Recipe For Re-Rating
KraneShares believes China’s equity market may continue its upward trend from 2024 as stimulus measures take hold and filter ...
China's cenbank warns mutual funds against feeding bond frenzy, sources say
China's central bank summoned some fund managers on Friday to warn them against chasing a fervid bond rally, two sources said ...
After year of big corruption crackdown, China promises more probes, retribution
One day before a key meeting of China's anti-graft watchdog, the state broadcaster aired a programme on how grassroots ...
China’s factory activity growth slows as recovery remains bumpy
China’s manufacturing activity slowed its pace of expansion in December, as investors wait for more economic stimulus when ...
‘Corruption is the biggest threat,’ says China’s Xi as ruling communist party battles graft scandals
China’s People’s Liberation Army (PLA) has also been swept by a wave of purges since 2023. Li Shangfu was removed as defence ...
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China raises its estimate for the size of its economy in 2023
It lifted its estimate for China’s growth this year to 4.9% from its forecast in June of 4.8%. The World Bank’s update ...