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Top News In Boc S Today - Breaking & Trending Today

China's central bank keeps 'cautious' in bond trade despite Xi Jinping's mandate

Even after President Xi Jinping has asked for China’s central bank to trade government bonds, the outcome is likely to remain limited as the bank does not want to trigger negative outcomes for inflation and exchange rates. ....

Wang Tao , Li Qiang , Investment Bank , European Central Bank , European Central , Premier Li Qiang , Bank Of Japan , Dongwu Securities , Huatai Securities , President Xi Jinping , People X27s Bank Of China , Ubs Investment Bank , Us Federal Reserve , Xi Jinping , Monetary Policy , Quantitative Easing ,

PBoC sets USD/CNY reference rate at 7.0948 vs. 7.0946 previous

On Thursday, the People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead at 7.0948 as compared to the previous day's fix of 7.0946 and 7.2259 Reuters estimates. ....

People Bank ,

Opinion | Hold the bazooka: weak China growth, low stimulus is new normal

Investors banking on Chinese policymakers providing aggressive stimulus are trapped in an old view of China and its economy. The news is far from all doom and gloom, but investors need to accept that China’s economy will remain vulnerable and recovery will take time. ....

Kristalina Georgieva , Goldman Sachs , China Development Forum , International Monetary Fund , High Quality Growth , Real Estate , Monetary Policy , Fiscal Policy , Re Sold Homes ,