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HONG KONG: For international investors trying to gauge China’s monetary policy, life is set to get even more complex.
BEIJING: Liu He, a Harvard-trained economist who is a trusted confidant of Chinese President Xi Jinping, has emerged as the front runner to be the next governor of the People’s Bank of China (PBoC), according to three sources with knowledge of the situation.
Beijing: Signs that China’s economy is stabilising have kicked off a debate about whether the central bank should keep injecting liquidity into financial markets, with a former senior official warning of the risk of asset bubbles.
BEIJING: China’s central bank, already wielding an increasingly complicated suite of monetary policy tools, signalled that it’s likely to add even more to the mix.
SINGAPORE: China will press on with gold purchases this year and the central bank will probably scoop up more than 200 metric tonnes as the country seeks to diversify its reserves, according to an estimate from Barclays Plc.
SHANGHAI: Internationalisation of China's yuan is market-driven, a monetary policy official of China's central bank said Tuesday, in a speech originally prepared for the central bank's deputy governor.
BOAO, China (Reuters) - An advisor to China's central bank said on Saturday that he believed the People's Bank of China (PBOC) would want a smooth transition to holding less foreign exchange reserves.