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Category PBOC

De-dollarization agendas could spike South Korea, Singapore and China’s currency usage: Goldman Sachs

De-dollarization agendas could spike South Korea, Singapore and China’s currency usage: Goldman Sachs

Global central banks could be looking beyond the US dollar after US President Donald Trump slapped countries with tariffs, causing geopolitical ris...
China’s president Xi Jinping says Trump lied about them having a phone call

China’s president Xi Jinping says Trump lied about them having a phone call

China’s government flat-out said on Monday that President Xi Jinping has not spoken with President Trump recently, killing any idea once again that...
China vows to hit 5% growth target despite trade war threats

China vows to hit 5% growth target despite trade war threats

China promised this week it will hit its 5% growth goal for 2025, even as trade tensions with the US keep getting worse. Finance Minister Lan Fo’an...
Beijing outlines targeted support to counter US tariffs

Beijing outlines targeted support to counter US tariffs

On Friday, China’s leaders promised increased support for companies suffering from a worsening trade war with the United States. According to an of...
Gold Rush Or Bitcoin Boom? China Buys Big, BTC Price Follows

Gold Rush Or Bitcoin Boom? China Buys Big, BTC Price Follows

China has added five tonnes of gold to its reserves in under a month as part of an increasing aggressive purchase of the precious metal. Bitcoin co...