People's Bank of China


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People's Bank of China

The central bank of China. It is responsible for setting the country's monetary policy. Until the late 1970s, it was the only legal bank in China and made commercial loans in addition to its duties as the central bank. Since the 1980s, however, this has not been the case, and it no longer makes these loans. It holds more assets than any other central bank. It was established in 1948.
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'I am pleased to share with you that the issuance of panda bond was approved by the People's Bank of China and Nafmii on February 9,' the PBOC told Dominguez in official correspondence.
Beijing [China], November 11 ( ANI ): Zhou Xiaochuan, the governor of China's central bank - the People's Bank of China (PBOC), has warned that China's financial system is becoming more vulnerable due to high levels of leverage, or borrowing.
The People's Bank of China on Tuesday announced the decision to improve its central parity system to better reflect market development in the exchange rate between the Chinese yuan against the U.S.
People's Bank of China (Photo courtesy of Wikimedia Commons)
What is the People's Bank of China's exchange rate policy stance?
Zhou Xiaochuan, Governor of the People's Bank of China (L) and African Development Bank Group's president Donald Kaberuka after the signing of the fund in Kigali, Rwanda, May 22, 2014 (AfDB photo)
An official working session was held on 18 April between the State of Qatar under HE the Governor of Qatar Central Bank Sheikh Abdullah bin Saud Al Thani and the People's Republic of China under President of the People's Bank of China (Central Bank) Zhou Xiaochuan.
According to the latest disclosure of relevant interests published on the regulator's website, The People's Bank of China (PBOC) now owns a 2.071% stake in Enel as well as 2.102% holding in Eni.
The reserves grew by around 160 billion dollars in both the third and fourth quarters of 2013 after increasing by only 130 billion dollars in the whole of 2012, the People's Bank of China reported.
The rise of the People's Bank of China; the politics of institutional change.
The People's Bank of China has released notice to require banks and companies to use the yuan in their international transactions.
The Inter-American Development Bank (IDB) and the People's Bank of China (PBC) approved the China Co-financing Fund for Latin America and the Caribbean to support public and private sector projects that promote sustainable economic growth, reports Caribbean News Now (March 18, 2013).

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