People's Bank of China

People's Bank of China

Central bank of the People's Republic of China

The People's Bank of China is the central bank of the People's Republic of China. It is responsible for carrying out monetary policy as determined by the PRC People's Bank Law and the PRC Commercial Bank Law.

Also known as...PBOC and Peoples Bank of China
China's Factory Activity Slows

China's Factory Activity Slows China's manufacturing slowed in May due to weak global demand and rising energy costs, despite a services sector surge.