People���s Bank of China - updates

Rappler's latest stories on People���s Bank of China


China opens up $10-trillion bond market in liberalization step

Jul 03, 2017 - 12:40 PM

UPDATED The new conduit comes via Hong Kong where qualified investors will be able to buy debt in China – the world s third largest bond market after the United States and Japan

This picture taken on June 17, 2015 shows the Hong Kong skyline during sunset. Philippe Lopez/AFP

China forex reserves fall almost $100B in January

Feb 07, 2016 - 8:42 PM

The world’s largest currency hoard shrank by 99 5 billion in January to some 3 2 trillion

Sell-off in Asia as China stock markets closed

Jan 07, 2016 - 10:12 AM

UPDATED The losses mark one of the worst starts to a trading year for decades as investors nerves are shattered by a perfect storm of weak global growth a slump in oil prices and geopolitical tensions

Chinese investors look at a screen showing stock movements at a stock brokerage house in Beijing, China, January 5, 2016. How Hwee Young/EPA

China's yuan devaluation rattles forex market

Aug 12, 2015 - 7:50 AM

China s central bank devalues its yuan currency by nearly 2 against the US dollar as authorities say they are seeking to push market reforms in a one time move

DEVALUED. A teller counts yuan banknotes in a bank in Lianyungang, east China's Jiangsu province on August 11, 2015. AFP photo

China vows to keep cash flowing after market jitters

Jun 28, 2013 - 12:07 PM

China s central bank says it would adjust liquidity to ensure stability after a weeks long squeeze that has rattled financial markets

CASH FLOW. The Chinese government says it would address liquidity issues, which rattled financial markets. Photo by AFP