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The People's Bank of China today cut two key interest rates to historic lows

China's central bank cuts two key rates to historic lows

China's central bank has today cut two key interest rates to historic lows, as Beijing battles to stimulate its economy amid seesaw trade tensions with the US.

Business • 20 May

China, the world's second-largest economy, has yet to achieve a highly anticipated post-pandemic recovery

China cuts another key interest rate to boost economy

China's central bank said today it would slash another key interest rate, a day after it unveiled a raft of new measures aimed at boosting its ailing economy.

Business • 25 Sep 24

The People's Bank of China has unveiled its biggest stimulus since the Covid pandemic

China's central bank unveils aggressive stimulus plan

China's central bank has unveiled its biggest stimulus since the pandemic to pull the economy out of its deflationary funk and back towards the government's growth target, but analysts warned more fiscal help was vital to hit these goals.

Business • 24 Sep 24

The People's Bank of China has cut the amount Chinese banks must hold in reserve

China to cut amount banks hold in reserve

China said today it would next month cut the amount banks must hold in reserve in order to boost lending, state media reported, as officials look to reignite stuttering growth.

Business • 24 Jan 24

China's one-year loan prime rate, which serves as a benchmark for corporate loans, has been cut from 3.55%to 3.45%

China cuts key interest rate to support economy

China's central bank has today cut a key interest rate in an attempt to counter the post-Covid growth slowdown in the world's second-largest economy.

Business • 21 Aug 23

China is increasing efforts to revive an economy hobbled by a property crisis and a resurgence of Covid cases

China cuts interest rates to revive faltering economy

China cut its benchmark lending rate and lowered the mortgage reference by a bigger margin today, adding to last week's easing measures, as Beijing boosts efforts to revive an economy hobbled by a property crisis and a resurgence of Covid cases.

Business • 22 Aug 22

Concerns are mounting that the cash crunch at Evergrande could lead to contagion for the wider Chinese economy

China central bank says Evergrande risks 'controllable'

China's central bank said today that the risk of spillover from embattled property giant Evergrande to the financial sector was "controllable", breaking its silence on the company's debt troubles, state media reported.

Business • 15 Oct 21

China's central bank has vowed to protect consumers exposed to the housing market as the Evergrande giant teeters

China promises to protect consumers amid Evergrande woe

China's central bank has vowed to protect consumers exposed to the housing market and injected more cash into the banking system as the Shenzhen government began investigating the wealth management unit of ailing developer Evergrande.

Business • 28 Sep 21

Bitcoin fell nearly 5% today after the announcement from China that it will crack down on illegal activities of cryptocurrency trading

China's top regulators ban crypto trading and mining

China's most powerful regulators today intensified the country's crackdown on cryptocurrency with a blanket ban on all crypto transactions and crypto mining, hitting bitcoin and other major coins and pressuring crypto and blockchain-related stocks.

Business • 24 Sep 21

Chinese GDP is set for the first quarterly contraction in more than 30 years

China cuts medium-term borrowing costs to record low

China's central bank today stepped up policy support for its embattled economy, cutting a key rate to a record-low and reducing the amount banks must hold as reserves by around $28 billion as the coronavirus crisis slammed the brakes on growth.

Business • 15 Apr 20

The People's Bank of China announced measures to free about $126 billion to boost the slowing economy

China to cut reserve requirements for banks

China's central bank said today it was cutting the reserve requirements for banks, freeing up about $126 billion to boost lending and bolster the slowing economy.

Business • 06 Sep 19

the People's Bank of China has cut its reserve requirement for the fourth time this year

China slashes banks' reserve requirements

China's central bank has announced a steep cut in the level of cash that banks must hold as reserves.

Business • 08 Oct 18

Output at Chinese factories and workshops expanded 6.8% year-on-year, new figures show

Chinese growth shows signs of flagging

Chinese economic growth showed signs of flagging in data released today as Beijing faces trade tensions with the US as well as debt and pollution battles at home.

Business • 14 Jun 18

The People's Bank of China increased rates on reverse re-purchase agreements, used for open market operations

China raises short-term market interest rates

China's central bank has raised short-term market interest rates for the first time this year, just hours after the Federal Reserve Bank lifted US benchmark rates.

Business • 22 Mar 18

The People's Bank of China has granted investors in Ireland the right to invest in the country

Irish investors granted right to invest in China

China is granting investors in Ireland the right to invest up to 50 billion yuan (€6.8 billion) in its capital markets, the Central Bank said today.

Business • 21 Dec 16

People's Bank of China cuts its reserve requirement ratio

China cuts bank reserve requirements

China's central bank today cut the proportion of funds banks must set aside as reserves, in the latest attempt to tackle slowing growth in the world's second largest economy.

Business • 29 Feb 16

China's economy has been slowing in recent months - and a weaker currency should help boost its exports

China's central bank tries to allay yuan fears

China's central bank has said that there was no basis for further depreciation in the yuan given strong economic fundamentals, in a bid to reassure jittery global markets after it devalued the currency earlier in the week.

Business • 13 Aug 15

Around 30% has been knocked off the value of Chinese shares since the middle of June

China stocks sink as regulator warns of 'panic'

Chinese stocks dived again today, as the country's securities regulator warned investors were in the grip of "panic sentiment".

Business • 08 Jul 15

The People's Bank of China cut its benchmark deposit rate to 2.25%

Chinese Central Bank cuts interest rates again

China has cut interest rates for the third time in six months in a bid to lower companies' borrowing costs and stoke a sputtering economy that is headed for its worst year in a quarter of a century.

Business • 11 May 15

People's Bank of China cuts lending and deposit rates over the weekend

China factory activity shrinks, bank rates cut

Weakness in China's vast manufacturing sector appears to have driven the central bank to accelerate the pace of monetary easing to ward off deflation in the world's second-largest economy.

Business • 02 Mar 15

People's Bank of China cuts interest rates for the first time in over two years

China cuts interest rate for first time in 2 years

China cut interest rates unexpectedly today, stepping up efforts to support the world's second-biggest economy as it heads towards its slowest expansion in nearly a quarter of a century.

Business • 21 Nov 14

People's Bank of China