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Tag: People’s Bank of China

World

To Rein in China’s Banks, Xi Uses Familiar Playbook

March 14, 2023March 14, 2023Daisuke Wakabayashi and Claire FuComments Off on To Rein in China’s Banks, Xi Uses Familiar Playbook

Xi Jinping is revamping China’s regulatory framework so the ruling Communist Party can assert more direct control over financial policy.

World

China Appoints Xi Jinping Loyalist Li Qiang as Premier

March 10, 2023March 11, 2023Vivian WangComments Off on China Appoints Xi Jinping Loyalist Li Qiang as Premier

The former Communist Party leader of Shanghai and now occupying the No. 2 spot, Mr. Li is among the men who will be leading the nation for the next five years.

World

China Charges Ahead With a National Digital Currency

March 1, 2021March 1, 2021Nathaniel Popper and Cao LiComments Off on China Charges Ahead With a National Digital Currency

The electronic Chinese yuan is now being tested in cities such as Shenzhen, Shanghai and Beijing. No other major power is as far along with a homegrown digital currency.

World

China Injects $126 Billion Into Its Slowing Economy

September 6, 2019September 6, 2019ALEXANDRA STEVENSONComments Off on China Injects $126 Billion Into Its Slowing Economy

The move comes as Beijing fights a costly trade war with the United States while looking for ways to keep its growth going.

World

China Signals It Will Continue to Weaken Its Currency as Trade War Rages

August 7, 2019August 8, 2019ALEXANDRA STEVENSONComments Off on China Signals It Will Continue to Weaken Its Currency as Trade War Rages

The country’s central bank guided the renminbi past another key point, suggesting Beijing could weaponize it if Trump imposes more tariffs.

World

How Does China’s Currency Move Put Pressure on U.S.?

August 6, 2019August 6, 2019KEITH BRADSHERComments Off on How Does China’s Currency Move Put Pressure on U.S.?

A weaker renminbi blunts President Trump’s tariffs on Chinese-made goods. But the strategy carries risks beyond worsening relations with the United States.

World

China’s Currency Moves Escalate Trade War, Rattling Markets

August 5, 2019August 6, 2019ALEXANDRA STEVENSONComments Off on China’s Currency Moves Escalate Trade War, Rattling Markets

The trade war intensified Monday, as Beijing allowed its currency to weaken and the Treasury Department labeled China a currency manipulator.

World

China’s Currency Weakens in a Potential Challenge to Trump

August 5, 2019ALEXANDRA STEVENSONComments Off on China’s Currency Weakens in a Potential Challenge to Trump

The renminbi fell past the key point of 7 to the U.S. dollar, in a signal that Beijing may be willing to use devaluation as a trade war weapon.

World

U.S. and China Near Currency Deal, but Provisions May Not Be New

March 10, 2019March 10, 2019KEITH BRADSHERComments Off on U.S. and China Near Currency Deal, but Provisions May Not Be New

The currency rules as described by the governor of China’s central bank are practically identical to what Beijing promised in 2016.

World

China Pours $218 Billion Into the Economy as Growth Slows

January 4, 2019ALEXANDRA STEVENSONComments Off on China Pours $218 Billion Into the Economy as Growth Slows

The Chinese central bank’s move is intended to send a signal that Beijing is ready to stem a slowdown that has darkened the global outlook.

Headlines

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May 28, 2025Natan Odenheimer

Stalin’s Image Returns to Moscow’s Subway, Honoring a Brutal History

May 28, 2025IVAN NECHEPURENKO

Zelensky Heads to Berlin in Latest Sign of a Warming Relationship

May 28, 2025May 28, 2025CHRISTOPHER F. SCHUETZE

Wednesday Briefing: Chaos at a Gaza Aid Site

May 28, 2025Justin Porter

Trump’s Tariffs Drive a Rise in Trade Crime

May 27, 2025Ana Swanson and Lazaro Gamio

Wednesday Briefing: Chaos at a Gaza Aid Site

May 27, 2025Emmett Lindner

French Crypto Chiefs Step Up Security After Violent Kidnappings

May 27, 2025May 28, 2025Aurelien Breeden, Catherine Porter and Liz Alderman

King Charles Warns Canada’s Parliament of a ‘Dangerous and Uncertain’ World

May 27, 2025May 27, 2025IAN AUSTEN

Congo’s Former President Returns Home, Accused of Treason

May 27, 2025May 27, 2025Ruth Maclean
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