‘Shop in China’ travel boom risks complicating PBOC’s yuan math
Foreign visitors to the capital city of Beijing spent an unprecedented 50.6 billion yuan in 2025 A SURGE in foreign travellers strolling in Beijing’s Summer Palace and binging on…
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PBOCs
PBOC’s leanest year for easing since 2021 defies Wall Street
Cutting interest rates by a little might prove ineffective in a scenario where households and businesses are reluctant to take on debt CHINA has kept its central bank on the sidelines of…
PBOC’s policy flip-flop sows confusion over timing of rate cuts
AT A rare press briefing back in September, China’s central bank chief Pan Gongsheng unveiled a stimulus blitz that spurred optimism for one of the biggest policy shifts in a decade. But…