Zou Lan, head of the monetary policy department at the People's Bank of China (PBOC), will be promoted to deputy governor of the central bank, two sources with knowledge of the matter said. The appointment will be announced as soon as this week,

The People's Bank of China (PBOC) announced Monday that it will keep its benchmark interest rate at 3.1% for the fourth consecutive month, in line with analysts' expectations of no change. The one-year prime lending rate (LPR) will remain at this level for at least another month,

The People's Bank of China (PBC) announced on Friday that it has decided to temporarily suspend treasury bond purchases in the open market, starting from this month. The central bank said the decision was made as demand exceeded supply on the government bond market recently,

The move breaks with five months of buying and coincides with a brutal selloff in global bond markets, suggesting the People's Bank of China is also trying to ensure yields at home rise in tandem, or at least stop falling, analysts say. Yields, which move ...

Investments from the National Social Security Fund, mutual funds and other sources will be increased to boost the stock market, regulators say.

China's central bank and top securities regulator have vowed to ramp up supportive policy tools to shore up the country's capital market. The remarks were made at a recent seminar on stock buyback and repurchase loaning program,

An aerial view of the Lin-gang Special Area of China Shanghai Pilot Free Trade Zone. [Photo provided to chinadaily.com.cn] China has further opened up the financial sector by pledging equal treatment for domestic and foreign financial institutions in terms of launching new financial services in eligible free trade zones,

People's Bank of China Governor Pan Gongsheng met his Bank of England counterpart, Andrew Bailey, on Saturday in Beijing and discussed topics including financial stability and cooperation, China's central bank said on Sunday.

China's central bank is expected to deploy its most aggressive monetary tactics in a decade this year as it tries to stimulate the economy and soften the blow of impending U.S. tariff hikes, but in doing so it risks quickly exhausting its firepower.

Foreign-exchange regulators reiterated their pledge to defend the yuan, as the Chinese currency comes under renewed pressure amid prospects of U.S. trade tariffs.

The People’s Bank of China vowed to help the economy grow this year, firming expectations of more monetary easing.

The LBMA Gold Price AM in USD fell in December while the Shanghai Gold Benchmark Price PM in RMB rose, supported by a weakening local currency. Read more here.