People's Bank of China
PBOC
Central Bank
PBOC expands lending for rural, small businesses and private firms
The People's Bank of China has increased its central bank lending quota for rural development and micro and small businesses by RMB500 billion and established a new RMB1 trillion lending facility for private enterprises.
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China's central bank cuts key lending and discount rates by 25 basis points
The People's Bank of China has cut its central bank lending and central bank discount rates by 25 basis points.
Pan Gongsheng warns of cross-sector risks at Asia-Pacific meeting
People's Bank of China Governor Pan Gongsheng highlighted growing cross-sector financial risks at the 20th EMEAP Asia-Pacific High-level Meeting on Banking Supervision in Tianjin.
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