China’s central bank extended its gold-buying streak to 14 months, underscoring sustained official demand for bullion as ...

Boosting domestic demand, addressing debt risks and promoting yuan’s international use also priorities for coming year.

People’s Bank of China intensified efforts to stabilize the yuan, injecting CNY 300 billion through a one-year medium-term lending facility while keeping the rate at 2% to support liquidity. The rate ...

People’s Bank of China has held its one-year loan prime rate at 3.1% and the five-year rate at 3.6%, providing no fresh catalyst for markets to rally. The key lending rates remain unchanged for the ...

The People’s Bank of China has outlined a digital yuan roadmap, targeting January 1, 2026 for the launch of a new management ...

China will allow banks to pay interest on digital yuan wallets from 2026, expanding CBDC functions, boosting adoption, and ...

China will require banks to pay interest on digital yuan wallets. The move supports e-CNY’s shift toward a digital deposit currency.

The People's Bank of China will implement a new digital yuan framework on Jan. 1, allowing commercial banks to pay interest ...

China's central bank, the People's Bank of China (PBOC), has unveiled a comprehensive action plan to elevate its central bank ...