PBOC – Latest stories from Nourish

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PBOC supports private sector funding as China’s economy faces mixed signals and policy shifts, shaping global markets.

Stories involving PBOC

China’s Economic Strategies Evolve Amid Debt and Currency Reforms

China has advanced its economic management, focusing on stabilising local government debt, promoting yuan internationalisation, and managing currency stability. Meanwhile, US debt continues to grow, raising concerns about fiscal sustainability. These contrasting strategies highlight differing economic risks and geopolitical ambitions as of August 2025.

US Debt and Digital Currency Developments

The US national debt has reached $38 trillion, raising concerns about fiscal sustainability. Meanwhile, China advances its digital yuan pilot, and Hong Kong completes its second phase of e-HKD trials. Global strategies diverge as the US supports decentralized digital assets, while China emphasizes CBDCs to maintain monetary sovereignty.