Cross-border renminbi settlement realized in Shanghai hit a record high of 29.8 trillion yuan ($4.1 trillion) in 2024, People ...

Founded in 1912, Bank of China is the country’s oldest continuously operating bank. In 1994 it was restructured into a wholly state-owned commercial bank; it has branches across the Chinese ...

US-educated economist Yi Gang has been named the next governor of China's central bank, the People's Bank of China (PBOC). Mr Yi has been deputy governor of the bank since 2008, but his ...