people's bank of china

China Cuts Interest Rates to Shore Up Economy Hit by Trade War
May 7, 2025
China’s central bank cut interest rates and made it easier on Wednesday for banks to increase lending and pump more money into the economy, in the most significant policy...
China’s Central Bank Stops Buying Bonds as Deflation Fears Grip Economy
January 10, 2025
In a striking sign of the Chinese economy’s stagnation, the central bank said on Friday that it had temporarily stopped buying government bonds.The central bank’s unexpected action is aimed...