All articles on PBoC

China Looking to the IMF as Alternative to USD
With the Fed having decided to pile into US government debt, and on the eve of G-20 summit in London, the People's Bank of China (PBoC) Governor Zhou Xiaochuan, along with the chief of the State Administration of Foreign Exchange, has sent a deliberate message that China may seek an alternative to the US dollar as its forex reserve currency by cooperating with International Monetary Fund.
March 25th,2009
CIC and SAFE: Coordination or Bureaucratic Conflict?
Underlying the creation of the CIC was a long-running bureaucratic dispute between the Ministry of Finance (MOF) and the People's Bank of China (PBOC), China's central bank. SAFE's attempts to expand its own equity investments, clearly encroaching onto the CIC's turf, is likely more reflective of these bureaucratic conflicts than a coordinated government strategy for investing China's foreign exchange reserves.
June 24th,2008
Are There Advantages to Governor Zhou Xiaochuan's Dollar-Peg Exit?
Perhaps, what Governor Zhou is really saying is that China's policy needs to shift from favoring an increase in its foreign exchange reserves to increasing the purchasing power of it currency.
yuan appreciation;Zhou Xiaochuan;PBOC;peg March 10th,2010
PBoC Rate Hike: Well Received in a Bull Market
The current situation bears more resemblance to that of early 2006, the initiation of a strong bull market.
bull market;rate hike;pboc October 20th,2010
No More Bank Lending Quota in China? A Dream Distant
Though Beijing may not explicitly announce a number, it will have to set the annual (or even monthly) loan quota for the banking system, and we think the core of "dynamic adjustment of differentiated RRR" is about how to allocate total lending quota among individual banks.
RRR;PBoC;lending quota;12th FYP January 10th,2011
China New Loans in Feb: Slightly above RMB500bn
It seems that the PBoC was doing a good job in reining in bank lending.
PBoC;new loans March 10th,2011
PBoC Is Loosening: Money Supply in December Exceeds Market Expectation
The Chinese government is making contingent plans to deal with possible financial and economic risks (both domestic and external) in 2012. O
PBoC;Money Supply January 9th,2012