The People's Bank of China kept the one-year loan prime rate, which influences most new and outstanding loans, unchanged at 3.0%. The five-year benchmark rate, which affects mortgages, remained at 3.5 ...

The People’s Bank of China said in its first-quarter monetary policy report that imported inflation risks require “close ...

China's central bank said on Friday it would cut the amount of cash that banks must hold as reserves by 50 basis points, the second reduction this year aimed at bolstering faltering economic growth.

April 28 (Reuters) - China's central bank has instructed some commercial banks to expand loan issuance in April, said sources with knowledge of the matter, as authorities seek to prevent a sharp ...

BEIJING, May 11 (Xinhua) -- China's moderately loose monetary policy continued to show effects in the first quarter, with ...

See more of our trusted coverage when you search. Prefer Newsweek on Google to see more of our trusted coverage when you search. More Chinese banking giants have restricted transactions from Russia, ...

By Shi Bu and Kevin Yao BEIJING, May 14 (Reuters) - China’s new yuan loans contracted in April for the first time in nine ...

BEIJING, May 14 (Xinhua) -- The People's Bank of China, the country's central bank, announced on Thursday that it will conduct a 300-billion-yuan (about 43.8 billion U.S. dollars) outright reverse ...

The People’s Bank of China will allow commercial banks to hold less money in reserve, but businesses and households have been cautious about borrowing. By Keith Bradsher Reporting from Beijing China’s ...