China monetary policy

China bank lending slides in December despite loosening

New loans extended by banks slid to 597.8 billion yuan (USD 91.1 billion) in December, against 708.9 billion yuan in November, the People's Bank of China said.

Jan 15, 2016, 17:07 PM IST

China central bank chief says to maintain prudent policy as economy slows

China has no need to change its prudent monetary policy stance, central bank governor Zhou Xiaochuan said on Thursday, after a raft of data suggested the world`s second-largest economy lost further momentum early in the new year.

Mar 12, 2015, 17:02 PM IST