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Central Bank

yuan dollar
Feature

Trade without the dollar: Where Beijing's dream stumbles

China continues to push ahead with the internationalization of its national currency. The US tariff policy plays into the country's hands. Beijing now stands to gain a significant victory in the geopolitical rivalry with the Americans.

By Marcel Grzanna

News

Dollar backstop: ECB discusses Trump risk.

Trump's erratic policy raises doubts as to whether the US central bank would provide the Europeans with dollar backstop financing in the event of a crisis.

By Redaktion Table

Bildnummer: 52797527  Datum: 27.11.2008  Copyright: imago/Xinhua
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Bildnummer 52797527 Date 27 11 2008 Copyright Imago XINHUA Peoples Bank of China PBOC Central Bank in Beijing PUBLICATIONxNOTxINxCHN Building exterior exterior view 2008 Beijing China Celebrities S horizontal Kbdig long shot Banks Economy Asia Corporate Office
News

Central bank wants to fortify the economy

The Chinese central bank aims to give a stronger boost to domestic demand. In its report on the implementation of monetary policy in the third quarter on Monday, it announced: "Prudent monetary policy will be forceful and precise."

By Redaktion Table