People’s Bank of China – Page 2

China’s Property Crisis: Why It’s So Hard for Beijing to Fix

Beijing has often addressed economic troubles by boosting spending on infrastructure and real estate, but now heavy debt loads make that a hard playbook to follow.

China Central Bank Cuts Key Interest Rate on Bank Lending

The action by the People’s Bank of China, the central bank, the latest in a series of steps to try to spur lending, was more modest than expected.

China and Hong Kong Stocks Slump as Economic Gloom Spreads

A string of worrying data has taken the fizz out of markets.

Pan Gongsheng Named Head of Chinese Central Bank

Pan Gongsheng, who was named governor of the People’s Bank of China after overseeing $3 trillion in reserves, stopped a currency plunge in 2016.

The U.S.-China Rivalry Is Complicating the World’s Debt Crisis

Suriname, a tiny nation ravaged by recession, inflation and impossible debts, saw its relief held up by superpower politics. It won’t be the only country.