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  1. 3 days ago · The chief instruments of financial and fiscal control are the People's Bank of China (PBC) and the Ministry of Finance, both under the authority of the State Council. The People's Bank of China replaced the Central Bank of China in 1950 and gradually took over private banks. It fulfills many of the functions of other central and commercial ...

  2. 1 day ago · BEIJING (Reuters) -- China's central bank said on Friday it will ensure reasonably ample liquidity and credit expansion to consolidate the country's economic recovery, which still faces many ...

  3. 7 hours ago · BEIJING, May 10 (Reuters) - China's central bank said on Friday it will ensure reasonably ample liquidity and credit expansion to consolidate the country's economic recovery, which still faces ...

  4. 11 hours ago · China’s central bank issued another veiled warning on a months-long government bond market rally, underlining its discomfort with decades-low yields that have weighed on the nation’s currency.

  5. 3 days ago · In 1995, the Law of the People’s Republic of China on the People’s Bank of China formed the basis for the modern central bank. It is respected among peer central banks, including those meeting at the Bank for International Settlements and the International Monetary Fund. The law defined the role of the state council and made clear that the ...

  6. 2 days ago · The country's central bank has also gotten into the act, adding 60,000 troy ounces of gold to its stash in April, according to official data released Tuesday. It marked the 18th straight month the ...

  7. 5 days ago · Chinese Central Bank’s Role In Gold Demand The People’s Bank of China (PBoC) has played a pivotal role in this trend, adding 27 tonnes to its reserves in just the first quarter of the year.

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