PBC expects no deflation risk in Chinese economy, stable yuan exchange rate

China's central bank on Friday shed light on the country's inflation outlook, the trajectory of the Chinese currency's exchange rate and dynamics within the real estate market.

July 17, 2023

PBC official vows to fend off RMB's sharp ups, downs

China's cental bank will move to correct pro-cyclical and one-sided market behaviors when necessary to prevent sharp ups and downs of the Chinese currency renminbi (RMB), or the yuan, an official said Friday.

July 17, 2023

China to refine city-specific real-estate market policies

China's financial departments will work to improve city-specific policies in the real estate market.

July 17, 2023

China's CPI to recover from next month, PBC official says

China's consumer inflation may further decline in July but is likely to gradually recover from August to a level close to 1 percent by the end of the year, said Liu Guoqiang, deputy governor of the People's Bank of China, the central bank.

July 17, 2023