China central bank releases slate of support measures amid a …
WEB6 days ago · BEIJING — China will cut the amount of cash banks need to have on hand, known as the reserve requirement ratio, or RRR, by 50 basis points, People’s Bank of China Gov. Pan Gongsheng said during...
China's central bank unveils most aggressive stimulus since …
WEB6 days ago · Chinese stocks and bonds rallied and Asian stocks hit 2-1/2 year highs as Governor Pan Gongsheng announced plans to lower borrowing costs and inject more funds into the economy, as well as to...
China unveils raft of stimulus measures to boost flagging …
WEBPeople's Bank of China (PBOC) Governor Pan Gongsheng announced plans to lower borrowing costs and allow banks to increase their lending. The move comes after a series of disappointing data has...
China unveils fresh stimulus to boost high-quality economic …
WEB5 days ago · Pan Gongsheng, governor of the People's Bank of China, said China would cut the reserve requirement ratio (RRR) by 0.5 percentage points in the near future, providing about 1 trillion yuan (about 141.82 billion U.S. dollars) in long-term liquidity to the financial market.
China rolls out stimulus measures to boost ailing economy
WEB6 days ago · Governor of the People’s Bank of China, Pan Gongsheng, told a news conference that the central bank would soon cut the amount of cash banks must hold as reserves – called the reserve...
China’s new central bank governor faces daunting tasks
WEBJul 26, 2023 · Pan Gongsheng, who has managed the world’s largest foreign exchange reserves for seven years and was credited with arresting a slide in the value of the yuan currency in 2016, was appointed the...
China Names Pan Gongsheng as New Central Bank Governor to …
WEBJul 25, 2023 · China named Pan Gongsheng as governor of the central bank, strengthening his position as head of the institution tasked with boosting the world’s second-largest economy.
China names Pan Gongsheng to lead central bank, succeeding Yi …
WEBJul 25, 2023 · BEIJING (AP) — Pan Gongsheng was named China’s central bank governor Tuesday in the widely anticipated final major appointment of the ruling Communist Party’s once-a-decade change of power.
Pan Gongsheng Named Head of Chinese Central Bank - The New York Times
WEBJul 25, 2023 · Mr. Pan, a prominent economist, was named on Tuesday as governor of the central bank, the People’s Bank of China. He had already been installed as the bank’s Communist Party secretary...
China is lining up a Harvard-trained economist as its next ... - CNN
WEBJul 3, 2023 · Pan Gongsheng was appointed Saturday as the new Communist Party chief at the People’s Bank of China (PBOC), in a surprise move as Beijing bolsters its drive to arrest the country’s economic...