People's Bank of China

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Tagged as 'China People's Bank'

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Is the end of deflation in China near? Probably yes. What could this mean for markets?

China's consumer prices fell 0,8% year-on-year in January 2024, marking the fourth consecutive month of declines, the longest streak of declines since October 2009. The data turned out to be worse than market forecasts [...]

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China continues against cryptocurrencies. Token rates are down significantly

Although the decision was made on September 15 this year, it was not until Friday, September 24, 2021 that the People's Bank of China published a message in which it emphasized that cryptocurrencies are illegal in the Middle Kingdom.

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The Chinese cryptocurrency is to compete with the dollar. Digital Yuan Is Coming?

Not Euro, British Pound, Swiss Franc, Australian Dollar, or even Bitcoin. The American dollar as the most important currency in the world can be changed by the Chinese cryptocurrency. The authorities of the Middle Kingdom have such a plan. And [...]

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