Chinese monetary policy

People’s Bank of China Explains Today’s Historic Actions

August 11, 2015

China’s central bank took giant steps today in the evolution of its monetary policy whose end-point is to give market forces greater determining impact in the country’s financial markets.  Several files of information can be found on the web site, the most useful being in a question and answer format.  One explains the context and […] More

People’s Bank of China

July 6, 2011

The Chinese one-year lending and deposit rates have been lifted for the fifth time since October 19, 2010.  Each increase amounted to 25 basis points.  From cyclical lows maintained December 2008 until October 2010 of 5.31% and 2.25%, respectively, the key central bank rates have now climbed back 125 basis points to 6.56% and 3.50%.  […] More