The People's Bank of China held a work meeting on August 1 to map out its second-half 2026 strategy and confirmed it will maintain appropriately loose monetary policy, keep liquidity ample, adjust tools in a timely manner, and enhance financial support for China's real economy, including facilitating panda bond issuance
China's central bank since 1984, the PBoC sets benchmark rates for the world's second-largest economy and manages the renminbi, moving global bond and currency markets.
full dossier ›China's technology-heavy STAR50 index rose sharply on July 22 as investors priced in expectations of additional policy stimulus ahead of the Politburo's regular July economic meeting, with international banks forecasting acceleration in consumer and technology support measures in the second half of 2026
Samsung and SK Hynix fell 8-9% on June 26, sending the Korean benchmark down 5.81% and halting trade for 20 minutes, while Tokyo's Nikkei surged 4.6% on the same chip data
The NPC approved the plan on June 25, raising the renewable electricity share from 22% to 30% by 2030 and triggering a two-year campaign to upgrade energy-intensive industry
Beijing debuts an overnight liquidity tool on June 29-30, the next step in Pan Gongsheng's shift to short-rate targeting
Digital money issued directly by central banks, now under development in 146 countries including China, the EU, and Brazil, reshaping cross-border settlement and monetary policy.
China's managed currency, issued by the People's Bank of China, is the world's fourth most traded currency and the IMF's fifth SDR basket member, reshaping global reserve and payment flows.
Manufacturing utilisation near a decade low, retail growth at a three-year trough, and Beijing answers with 'anti-involution', not a consumer bailout