Same Countries Have Had Major Deficits for 40 Years Due to Int’l Monetary System Flaws, PBOC Governor Says
(Yicai) March 23 — The same countries have had major deficits over the past 40 years as a…
China fires back at currency-depreciation claims, denies using weak yuan to boost exports
Beijing has stressed that it does not intend to rely on a weaker yuan for trade gains, amid…
Fading US dollar trust threatens world economy, ex-IMF official warns
Dwindling global trust in the US dollar is one of the most prominent risks facing a vulnerable world…
China Is Pumping Cash to Fill a $456 Billion Liquidity Shortfall
(Bloomberg) — The People’s Bank of China is boosting the supply of money available to banks to ensure…
Why the IMF thinks China has a zombie problem
During her recent visit to Beijing, International Monetary Fund head Kristalina Georgieva connected the dots between China and…
China to hide bad debt records for pandemic-hit borrowers who repay small loans
China’s central bank has unveiled a credit-rehabilitation policy to help individuals who defaulted on small loans rebuild their…
Asia’s faith in the ‘Powell put’ may be misplaced
TOKYO – Asian markets have an ace in the hole as a tumultuous 2025 comes to a close:…
China’s PBOC Vows Steps to Promote Use of Yuan Around the World
The People’s Bank of China in Beijing. Bloomberg (Bloomberg) — Chinese authorities pledged to make it easier for…