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The People’s Bank of China. Photo: VCG
Draft would also legally recognize central bank digital currency
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The People’s Bank of China. Photo: VCG

China's State Council discusses a draft revision to the People's Bank of China Law, signaling centralized financial regulation…

The move aims to eliminate policy gaps and improve the country’s cross-border payment system

The tool expands funding channels for foreign monetary authorities as China pushes to internationalize its currency

Top financial regulator Ding Xiangqun says Beijing will strengthen global regulatory cooperation as geopolitical tensions, policy…

SAFE said capital-account opening must go beyond currency conversion to cover transactions, settlement, hedging and exits, while…

China's top financial regulators unveiled draft rules on Friday to strengthen cybersecurity management in the financial sector to…