BEIJING, Feb. 20 (Xinhua) -- The People's Bank of China (PBOC) will promote the use of renminbi (RMB) in cross-border payments, pricing, investment and financing, with an aim to facilitate ...

BEIJING, Feb. 7 (Xinhua) -- China's central bank conducted 183.7 billion yuan (about 25.62 billion U.S. dollars) of 7-day reverse repos at an interest rate of 1.5 percent on Friday. The move aims to ...

Zhang Hongli, former vice president of the Industrial and Commercial Bank of China, was on Wednesday sentenced to death, with ...

China's yuan-denominated loans rose by 5.13 trillion yuan (US$715 billion) in January, central bank data showed on Friday.