China central bank Archives

China’s central bank refrains from gold purchases for a 2nd month

China’s central bank refrained from gold purchases to its reserves for a second consecutive month in June, official data showed on Sunday. The pause by the People’s Bank of China …

China central bank boss says no major stimulus to boost economy

by Tudur Aled

The head of China’s central bank said on Wednesday that the economy still faced many challenges, but warned authorities would not resort to huge stimulus measures and instead exercise moderation. …