BEIJING — China will cut the amount of cash banks need to have on hand, known as the reserve requirement ratio or RRR, by 50 basis points, People’s Bank of China Gov. Pan Gongsheng said during ...

On Sunday, People’s Bank of China (PBOC) Governor Pan Gongsheng told global leaders at the AlUla Conference for Emerging Market Economies in Saudi Arabia that while other currencies are ...

PBOC governor plans to cut banks’ reserve requirement ratio PBOC Governor Pan Gongsheng stated on May 7 that the bank would cut the amount of cash that financial institutions must hold as ...

Pan Gongsheng, governor of the People’s Bank of China, delivers a speech during the 2024 Lujiazui Forum on June 19, 2024 in Shanghai, China.

People’s Bank of China governor Pan Gongsheng unveiled the stimulus package at a press conference on Tuesday, during which he announced a 50 basis point interest rate cut and new support for ...

Nikada/E+ via Getty Images China's fresh stimulus measures went into effect on Friday, in line with central bank governor Pan Gongsheng's comments earlier this week, as Beijing moves quickly to ...

People's Bank of China Governor Pan Gongsheng met his Bank of England counterpart, Andrew Bailey, on Saturday in Beijing and discussed topics including financial stability and cooperation, China's ...

China will continue to implement a supportive monetary policy to help promote sustained economic recovery, Pan Gongsheng, governor of the People's Bank of China, said in remarks published on Thursday.

On Tuesday, People's Bank of China Gov. Pan Gongsheng announced a slew of stimulus measures that one economist called that central bank's most significant stimulus move since the Covid-19 pandemic.

Since taking the helm in July 2023, People’s Bank of China Gov. Pan Gongsheng had avoided giant stimulus bursts of the kind Beijing did amid the 2008-2009 global financial crisis.

Pan Gongsheng, governor of the People’s Bank of China, did not mention the dollar by name but gave an extended critique of the potential dangers of international reliance on a single country’s ...

El gobernador del Banco Popular de China, Pan Gongsheng, anunció que la tasa de interés para los préstamos a los bancos comerciales se reduciría en 0,25 puntos porcentuales para quedar en 1,5%.