The Bank of China building is seen at dawn in Beijing on Thursday (AFP photo) BEIJING — China's central bank on Thursday launched a "swap facility" offering firms access to 500 billion yuan ($70.6 ...

As China’s economy has descended into deflation, the central bank’s lack of urgency has been a source of frustration for many economists. Policymakers at the People’s Bank of China (PBoC ...

China’s central bank is moving ahead with a 500-billion-yuan swap facility to let securities, fund, and insurance firms get ...

Although the central banks of both China and India are ... already been highly successful building digital payments infrastructure and neither the People’s Bank of China nor the RBI has made ...

(MENAFN- Jordan Times) BEIJING - China's central bank on Thursday launched a "swap facility" offering firms access to 500 billion yuan ($70.6 billion) in liquidity, as Beijing seeks to boost the ...