China’s central bank says yuan could save global economy

China's Central Bank Pledges Financial Support for Private Economy
BEIJING (Reuters) - China's central bank vowed on Thursday to provide strong financial support for the healthy development of private economy and the growth of private enterprises. The People's Bank of China will further smooth the channels for stock, bond and loan financing for private enterprises, it said in a meeting readout.
China’s central bank says the yuan could save global economy
China’s central bank genuinely believes that the yuan is holding the world’s financial system together. On Sunday, People’s Bank of China (PBOC) Governor Pan Gongsheng told global leaders at the AlUla Conference for Emerging Market Economies in Saudi Arabia that while other currencies are crumbling against the rising U.
China’s Central Bank Signals Policy Adjustments Amid Rising Global Risks
The People’s Bank of China said it will adjust the pace and intensity of its policymaking based on economic and financial conditions at home and abroad.
China's central bank governor says stable yuan key to global financial stability
China's central bank governor said on Sunday a stable yuan currency has been key to global financial and economic stability and Beijing will continue to let the market play a decisive role in deciding the exchange rate.
China Says Stable Yuan Key to World Economy Hit by Strong Dollar
China’s central bank governor said a steady yuan has contributed to the stability of global financial markets and economies around the world, drawing a contrast with a dollar that’s surged as part of fallout from Donald Trump’s tariffs.
Expect China central bank to further ensure forex stability: Strategist
Saktiandi Supaat, head of global FX strategy at Maybank, comments on the Chinese central bank's prioritization of forex stability over monetary easing as some overhang from U.S. tariff announcements are relieved.
China’s Central Bank Highlights Stable Yuan and Pro-Consumption Policies for 2025
Chinas central bank governor, Pan Gongsheng, emphasized the importance of a stable yuan for global financial stability, reaffirming Beijings commitment to allowing market forces to determine the exchange rate.
GT Voice: China’s foreign trade upgrade thrives with financial support
China's foreign trade achieved both steady growth and structural optimization last year. These trends underscore the ...
China’s Central Bank Alludes to Foreign Factors Impacting Policy
China’s central bank said it will consider foreign factors and tweak its policy if necessary, in a possible recognition of ...
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Bank of China
Founded in 1912, Bank of China is the country’s oldest continuously operating bank. In 1994 it was restructured into a wholly state-owned commercial bank; it has branches across the Chinese ...
Pursuing high-quality economic development in 2025
As the world undergoes changes unseen in a century and the global economy faces growing uncertainty, China’s economic development has garnered increasing global attention. While the Chinese economy is ...
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China’s Flattening Yield Curve Is Putting PBOC in Focus
The People’s Bank of China’s decision to halt bond buying is exacerbating the rise in short-end rates and flattening the yield curve, spurring bets the central bank may resume government debt ...
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Agricultural Bank of China
One of China’s “Big Four” banks, the Agricultural Bank of China has $5.6 trillion in assets as of August 2024, making it the world’s second-largest bank by assets, according to S&P Global.