PBOCs

PBOC’s policy flip-flop sows confusion over timing of rate cuts
PBOC’s policy flip-flop sows confusion over timing of rate cuts
February 24, 2025
AT A rare press briefing back in September, China’s central bank chief Pan Gongsheng unveiled a stimulus blitz that spurred optimism for one of the biggest policy shifts in...
Chinese banks hold lending rates following PBOC’s caution
Chinese banks hold lending rates following PBOC’s caution
June 20, 2024
CHINESE banks maintained their benchmark lending rate for a 10th straight month, as pressure on the yuan restricts policymakers’ space for easing.The one-year loan prime rate (LPR) was maintained...