The People’s Bank of China set the strongest reference rate for the currency in almost three years.

China has upgraded the digital Yuan to pay interest, marking a shift in CBDC design with implications for banks, payments, ...

The People’s Bank of China is bolstering support for sectors deemed strategic by Beijing.

BEIJING, Jan 15 (Reuters) - China's central bank announced on Thursday cuts to some sector-specific interest rates to provide ...

SHANGHAI (Reuters) - China's banks are cutting the interest rates offered on U.S. dollar deposits after being asked to do so by the central bank, possibly to curtail dollar hoarding and also prop up a ...

FinVolution offers a good trade-off between value and growth relative to bank stocks and fintechs. China's recovery and policy support on macro and credit fundamentals will drive growth and earnings ...

BEIJING (Reuters) -New bank loans in China surged more than expected to a record high in January as the central bank moved to shore up a patchy economic recovery, reinforcing expectations for more ...

China’s mega banks are under pressure from rising allowances for loan losses and a continued margin erosion in their mission to support the world’s second largest economy. The lenders, led by ...

Chinese banks stocks fell after weak first-quarter results that come as U.S.-China tensions fuel concerns about the financial sector's health. Shares of China's biggest lenders slid on Wednesday as ...

BEIJING, Jan 15 (Reuters) - China's central bank announced on Thursday cuts to sector-specific interest rates to provide an ...