On January 23, the Bank of China presented the "Action Plan for Supporting the Development of the Artificial Intelligence ...
SHANGHAI (Reuters) - China's central bank said on Monday it conducted 1.7 trillion yuan of outright reverse repurchase ...
The deal will close by mid-2025, contingent on conditions such as approval from National Financial Regulatory Administration.
China’s central bank kept a key policy rate steady while injecting liquidity into the financial market, signaling that it may hold benchmark rates unchanged for longer.
Founded in 1912, Bank of China is the country’s oldest continuously operating bank. In 1994 it was restructured into a wholly state-owned commercial bank; it has branches across the Chinese ...
The banks froze deposits, prompting angry demonstrations last month. China's banking and insurance regulator has since ordered an investigation into the banks. More than 39 billion yuan (£5bn ...
Beijing contends with a weakening yuan while awaiting policy clues from the incoming Donald Trump’s administration.