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People's Bank of China

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Renminbi Rising: Brave New Monetary World?

Renminbi Rising: Brave New Monetary World?

By Mercy A. Kuo and Angelica O. Tang
Insight from William Overholt
China’s Dollar Peg to Wind Down

China’s Dollar Peg to Wind Down

By Sara Hsu
It seems likely that China’s central bank will reduce its grip on the U.S. dollar.

China's Currency Set to Join IMF's Elite Currencies Club. So What?

China's Currency Set to Join IMF's Elite Currencies Club. So What?

By Ankit Panda
The IMF has said that it will recommend the renminbi's inclusion in its elite SDR basket of currencies.

After 'Black Monday,' Structural Reform in China?

After 'Black Monday,' Structural Reform in China?

By Ankit Panda
China's leaders haven't pursued structural reform to the extent necessary. After 'Black Monday,' they might have to.

China’s Central Bank Defends Currency Devaluation

China’s Central Bank Defends Currency Devaluation

By Shannon Tiezzi
Officials from the People's Bank of China insist the move was designed to bring the RMB in line with its market value.
PBOC's Move: Not a Currency War, But Not a Good Sign

PBOC's Move: Not a Currency War, But Not a Good Sign

By Ankit Panda
The People's Bank of China's decision to raise rates sends gloomy signal about the short-term future of China's economy.

China’s Bond Market Continues to Inch Open

China’s Bond Market Continues to Inch Open

By Sara Hsu
The central bank takes another few steps in opening up China's bond market.
China’s Capital Outflows

China’s Capital Outflows

By Sara Hsu
In a reverse, the central bank is now having to intervene in support of its currency.

China’s Central Bankers Get Creative

China’s Central Bankers Get Creative

By Sara Hsu
The People’s Bank of China has a difficult role to play. But is it constraining market forces?

The Expanding Offshore Renminbi

The Expanding Offshore Renminbi

By Sara Hsu
Offshore trading of China’s currency is growing rapidly.

The Renminbi Goes Abroad

The Renminbi Goes Abroad

By Hamid Poorsafar
The internationalization of China’s currency is underway, albeit with some important hurdles still to clear.
PBOC Policies Under the Xi-Li Administration

PBOC Policies Under the Xi-Li Administration

By Sara Hsu
A look back over the policy decisions of the past year is revealing.

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