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Bank of China

China’s Banks Maintain Key Lending Rates as PBOC Stays on Pause

(Bloomberg) -- Chinese banks maintained their benchmark lending rates for September, as policymakers hold off on further monetary stimulus while financial institutions struggle with...

China’s Unworkable Housing Rescue Math Is Prolonging Crisis

(Bloomberg) -- In May, China’s central government urged more than 200 cities to buy unsold homes to ease oversupply. More than three months later,...

China Ex-Central Bank Governor Makes Rare Nod to Deflation Worry

(Bloomberg) -- Former People’s Bank of China Governor Yi Gang said his nation should focus on fighting deflation, in a rare admission by a...

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