China central banker calls for more reforms now, warns of cost of delay

China should continue with financial reform now, a senior Chinese central banker said on Friday, warning that costs will increase if reforms are delayed. 

China FX reserves fall record $93.9 bn in Aug as central bank supports yuan

A large portion of China`s reserves are held in U.S. Treasuries. Last week, traders suspected China of selling Treasuries. 

China cuts yuan rate for 3rd straight day by more than 1%

China cuts yuan rate for 3rd straight day by more than 1%

China cut the reference rate for its currency for the third straight day on Thursday, authorities said, after their surprise devaluation of the yuan this week unsettled global financial markets.

Chinese currency devaluation appears a welcome step: IMF

Chinese currency devaluation appears a welcome step: IMF

China's new mechanism for determining the central parity of its currency "appears a welcome step" as it should allow market forces to have a greater role in determining the exchange rate, the IMF has said.

China devalues its currency Yuan: What will be the worldwide impact

China devalues its currency Yuan: What will be the worldwide impact

China cut the value of the yuan against the dollar for a second consecutive day.

China announces sharp fall in value of yuan currency

China announces sharp fall in value of yuan currency

China`s central bank on Tuesday announced a sharply lower daily reference rate for the yuan against the US dollar, saying it was part of moves to make its exchange rate regime more market-oriented.

China's central bank says financial system stable

Economic conditions were complicated and should not be underestimated, the People`s Bank of China (PBOC) said in a statement published on its website.

China's economy to pick up in H2: Economists

Economists at China`s central bank have sharply lowered their 2015 inflation forecast even as they predicted that stabilising Chinese home prices and firmer foreign demand will drive a pick-up in the world`s second-biggest economy in the next six months.

China bank lending slowed in April: Central bank

Domestic banks extended new loans of 707.9 billion yuan (USD 115.9 billion), the People's Bank of China (PBoC) said in a statement, down from 1.18 trillion yuan in March.

'China's economy seen slowing to 6.8% in Q2'

The forecast by the State Information Centre backed last month`s move by China`s central bank to cut the amount of cash that banks must hold as reserves, the second industry-wide cut in two months, to combat slowing growth.

China makes big cut in bank reserve requirement to fight slowdown

The latest cut, the deepest single reduction since the depth of the global crisis in 2008, shows how the central bank is stepping up efforts to ward off a sharp slowdown in the economy.

China Feb HSBC services PMI edges up to 52.0 as orders improve

The HSBC/Markit Services Purchasing Managers` Index(PMI) picked up to 52.0 last month from January`s 51.8 and remained above the 50-point level that separates contraction from growth in activity on a monthly basis.

China cuts bank reserve ratio to boost economy

China's central bank said on Wednesday it would make an across-the-board cut in the percentage of funds banks must hold in reserve, the first such cut in nearly three years as the world's second-largest economy falters.

China's yuan set for first big loss since 2005

The People`s Bank of China (PBOC) fixed the official midpoint at 6.1190 per dollar, 0.06 percent higher than Tuesday`s 6.1224.

China cuts interest rates to spur growth, ease debt pressure

China cut interest rates unexpectedly on Friday, stepping up efforts to support the world`s second-biggest economy as it heads towards its slowest expansion in nearly a quarter of a century, saddled under a mountain of debt.

China could "punish" Hong Kong over protests, says ex-HK central bank chief

A member of China`s central bank`s advisory body warned on Wednesday that Beijing will punish Hong Kong if pro-democracy protests that have paralysed parts of the Chinese-controlled financial centre for a month are allowed to continue. 

China's inflation at four-month high of 2.5% in May

Food prices rose 4.1 percent in May from a year earlier, quickening from April`s 2.3 percent rise, the data showed.

China to reduce rural banks' reserve requirements

China's central bank today announced details of a plan that reduces the amount of money rural banks must keep in reserve, a move aimed at stimulating the economy amid slowing growth.

China widens yuan daily trading band to 2%

China has decided to double the yuan's daily trading band to 2 percent from March 17, the country's central bank has said on Saturday.