Chinese provinces are nearing a milestone in Beijing’s plan to refinance their crushing debts, allowing local officials to refocus efforts on raising funds for infrastructure projects despite limited room to offer more support to the economy.
Chinese provinces are nearing a milestone in Beijing’s plan to refinance their crushing debts, allowing local officials to refocus efforts on raising funds for infrastructure projects despite limited room to offer more support to the economy.
A gauge of demand for an auction of China’s benchmark sovereign bonds touched an all-time high on Wednesday, indicating strong appetite for the securities.
A gauge of demand for an auction of China’s benchmark sovereign bonds touched an all-time high on Wednesday, indicating strong appetite for the securities.
China’s central bank set the interest rate on its new overnight liquidity tool at a level that was below expectations, according to people familiar with the matter, in what some economists see as a de facto rate cut that could push down market borrowing costs.
China’s central bank set the interest rate on its new overnight liquidity tool at a level that was below expectations, according to people familiar with the matter, in what some economists see as a de facto rate cut that could push down market borrowing costs.
China’s central bank is expected to price its inaugural overnight reverse repo operation slightly below the seven-day rate when it debuts the tool on Monday, a Bloomberg survey shows.
China’s central bank is expected to price its inaugural overnight reverse repo operation slightly below the seven-day rate when it debuts the tool on Monday, a Bloomberg survey shows.
The People's Bank of China (PBOC) headquarters in Beijing, China, on Wednesday, June 18, 2025. PBOC Governor Pan Gongsheng laid out in the clearest terms yet his vision for the future of a new global currency order after decades of dollar dominance, predicting a more competitive system will take root in the years to come.
The increasingly large role of China’s bond market as a source of credit for the nation’s borrowers has offered the central bank an important channel for broad reductions in borrowing costs.
The increasingly large role of China’s bond market as a source of credit for the nation’s borrowers has offered the central bank an important channel for broad reductions in borrowing costs.
The People's Bank of China building in Beijing. Source: /Bloomberg
China’s central bank reduced the size of its daily open-market operation to a record low, extending efforts to absorb excess cash as a rally in bonds drove benchmark yields to their lowest since August.
China’s central bank reduced the size of its daily open-market operation to a record low, extending efforts to absorb excess cash as a rally in bonds drove benchmark yields to their lowest since August.
Chinese investors are betting a months-long rally in two-year government bonds has gone too far, turning to arbitrage trades more commonly used in the US and Europe to put that view to work.
Chinese investors are betting a months-long rally in two-year government bonds has gone too far, turning to arbitrage trades more commonly used in the US and Europe to put that view to work.
China let the interest rate on a one-year policy loan to banks decline to a record low, according to people familiar with the matter, a sign Beijing is stepping up efforts to support an economy that’s losing momentum.
China let the interest rate on a one-year policy loan to banks decline to a record low, according to people familiar with the matter, a sign Beijing is stepping up efforts to support an economy that’s losing momentum.
The People's Bank of China building in Beijing. Bloomberg
Trading volumes through China’s Swap Connect are poised to accelerate as a growing appetite for yuan debt drives a surge in hedging demand, according to strategists.
Trading volumes through China’s Swap Connect are poised to accelerate as a growing appetite for yuan debt drives a surge in hedging demand, according to strategists.
China’s decision to allow a select group of global investors to trade bond futures has raised expectations for deeper reforms to boost the appeal of the world’s second-largest debt market.
China’s decision to allow a select group of global investors to trade bond futures has raised expectations for deeper reforms to boost the appeal of the world’s second-largest debt market.
China is considering another green sovereign bond sale in London this year as the nation looks to expand its presence in international debt markets and fund climate action.
China is considering another green sovereign bond sale in London this year as the nation looks to expand its presence in international debt markets and fund climate action.
China’s central bank has injected more cash into the banking system, signaling unusual tolerance for abundant liquidity and boosting confidence that the bond rally may have further to run.
China’s central bank has injected more cash into the banking system, signaling unusual tolerance for abundant liquidity and boosting confidence that the bond rally may have further to run.
China’s central bank has injected more cash into the banking system, signaling unusual tolerance for abundant liquidity and boosting confidence that the bond rally may have further to run.
China’s central bank has injected more cash into the banking system, signaling unusual tolerance for abundant liquidity and boosting confidence that the bond rally may have further to run.
China’s central bank withdrew cash from its financial system for the first time in a year, a cautious signal that keeps its policy options open as higher oil prices filter through the economy.
China’s central bank withdrew cash from its financial system for the first time in a year, a cautious signal that keeps its policy options open as higher oil prices filter through the economy.
The Hungarian central bank’s swap line with the People’s Bank of China provides a source of stability to the nation’s funding amid market volatility, according to a senior official.
The Hungarian central bank’s swap line with the People’s Bank of China provides a source of stability to the nation’s funding amid market volatility, according to a senior official.
China is increasingly clawing back profits from state companies to cover some of the government’s spending needs, drawing on them more than ever during a year that saw an almost unprecedented decline in budget revenue.
China is increasingly clawing back profits from state companies to cover some of the government’s spending needs, drawing on them more than ever during a year that saw an almost unprecedented decline in budget revenue.
China is increasingly clawing back profits from state companies to cover some of the government’s spending needs, drawing on them more than ever during a year that saw an almost unprecedented decline in budget revenue.
China is increasingly clawing back profits from state companies to cover some of the government’s spending needs, drawing on them more than ever during a year that saw an almost unprecedented decline in budget revenue.
China set its most modest growth target since 1991, a tacit acknowledgment that the model powering the country’s economic rise is showing strains.
BIJIE, CHINA - JANUARY 20: Workers manufacture speaker coils at an electronic component manufacturing enterprise on January 20, 2026 in Bijie, Guizhou Province of China. (Photo by Qu Honglun/China News Service/VCG via Getty Images)