Tag: PBOC

China Rejects G20 Trade-Imbalance Claims, Rules Out Yuan Devaluation

China rejected G20 criticism of its export-driven growth in Asheville, with the central bank denying it pursues surpluses or plans to weaken the yuan.

China Property Stocks Slide as New Presale Mortgage Rules Squeeze Developer Cash

China's central bank unveiled new housing presale rules requiring staged release of buyer funds, sending property stocks lower on developer funding concern

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