PBC: Bond buying suspension meant to address market risks

The People's Bank of China (PBC) has temporarily suspended treasury bond purchases to manage market risks and maintain stability, said the central bank's spokesperson Zou Lan at a press conference on Tuesday.

January 15, 2025

China's cross-border trade, investment more vibrant

​China's cross-border trade and investment became more vibrant in 2024, said an official with the State Administration of Foreign Exchange (SAFE) on Tuesday, quoting official data.

January 15, 2025

Adjustments to monetary policies eyed

China will adjust the intensity and pace of monetary policies at the right time to support the achievement of annual economic targets, officials said on Tuesday, reaffirming the market's accommodative monetary environment for 2025.

January 15, 2025

Chinese currency gaining traction in global markets

Offshore renminbi bond issuances more than doubled last year while panda bond issuances surged, highlighting the steady progress made by the Chinese currency in gaining traction in global markets, official data showed on Tuesday.

January 15, 2025

China's yuan loans grow by 18.09 trln yuan in 2024

China's yuan-denominated loans rose by 18.09 trillion yuan (about 2.52 trillion U.S. dollars) in 2024, central bank data showed on Tuesday.

January 15, 2025