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    • People's Bank of China & Investment

People's Bank of China & Investment Newsletter
  • China urges developed countries to fulfill climate finance commitments at G20 meetings 04 May 2024 03:08 GMT

    A wind power project is seen along the mountains in Ji'an, East China's Jiangxi Province, on July 6, 2023. By the end of May, the installed capacity of wind power in China had risen 12.7 percent year-on-year to approximately 380 million kilowatts, …

  • PBC unveils multilingual payment services guide to facilitate foreigners' payment services 04 May 2024 01:57 GMT

    Mobile payment Photo:VCG The People's Bank of China (PBC), the country's central bank, on Monday released the South Korean language version of a guide to payment services for foreigners visiting Zhangjiajie in Central China's Hunan Province, …

  • Gold holds steady as investors await US data for more Fed clues 29 Apr 2024 12:05 GMT

    LONDON - Gold prices held steady on Monday as investors waited for the Federal Reserve policy meeting and U.S. non-farm payrolls data due this week for policy clues. Spot gold was unchanged at $2,338.08 per ounce by 0932 GMT, holding slightly above its 21- …

  • China's Economic Gambit Could Nuke Putin's Dollar Ploy 03 May 2024 09:28 GMT

    Economists call it the "nuclear" option but speculation that China might devalue its currency the yuan (RMB) could cause fallout for Russia as President Vladimir Putin pushes to move the global economy away from its reliance on the U.S. dollar. …

  • China's Role Behind Gold's Soaring Value 03 May 2024 09:28 GMT

    Gold has hit record-breaking prices in recent months, in part due to China's strong appetite for the asset against a backdrop of tensions with Washington and broader global uncertainties. March marked the 17th straight month in which China augmented …

  • The so-called 'omnibus' (Ley de Bases...) bill wins approval in the lower house Chamber of Deputies. 02 May 2024 01:47 GMT

    Finally, Javier Milei has discovered politics. Argentina’s government obtained approval of its ‘Ley de Bases’ bill in the lower house, albeit a shortened version of 232 articles, little more than a third of its original format which stumbled last February …

  • Mondino assured of China's support for Argentina's stance regarding Malvinas/Falkland issue 01 May 2024 20:56 GMT

    Wednesday, May 1st 2024 - 20:50 UTC Beyond China's old support regarding the Malvinas/Falklands controversy, Mondino's trip seems to have yielded almost no results Although Argentine Foreign Minister Diana Mondino had the near-impossible task …

  • How to Trade the Potential for $3,500 Gold in 2024 29 Apr 2024 15:46 GMT

    There’s still plenty of upside ahead for gold. In fact, the metal could easily rally to $3,000, according to David Rosenberg, the founder and president of Rosenberg Research, as noted by MarketWatch.com. Then again, even $3,000 may be too low. According to …

  • China's economic outlook is far from gloomy 29 Apr 2024 18:21 GMT

    China's vast economy — 1.4 billion people spread over 9.6 million square kilometers and a $18 trillion GDP — is made up of so many distinct and disparate features that any observer can easily find themes to support a predetermined optimistic or …

  • MNI EUROPEAN OPEN: USD/JPY Breaks Above 160.00 Before Retracing Sharply 29 Apr 2024 06:21 GMT

    Source: MNI - Market News/Bloomberg U.K. SCOTLAND (BBC): Humza Yousaf is considering quitting as Scotland's first minister rather than face two confidence votes, BBC News understands. A source close to Mr Yousaf said that resignation was now an …

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