GT staff reporters November 30, 2023
China's central bank and other government agencies on Monday announced 25 measures to step up financial support for the country's private sector, including efforts to diversify financial channels for private businesses, in yet another crucial step to boost the private economy amid challenges. The latest measures came as...More
The People's Bank of China (PBC), the central bank, is preparing for a digital currency, with various tests proceeding in different regions of China as the country develops more digital currency applications. Sun Guofeng, an official with the PBC, said Tuesday at a regular press conference that the...More