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No Licenses to new Non-bank Payment Agencies.

China’s Central Bank to Stop Issuing Licenses to new Non-Bank Payment Agencies

Aug 14, 2016 04:33 PM EDT

China's central bank said on Friday that it would stop issuing licenses to new non-bank payment agencies as regulators seek to efficiently regulate the fast-expanding non-banking payment industry.

Economists Expect China to Cut Rates in 2015

Lui Francisco |

Dec 29, 2014 12:58 PM EST

According to a majority of economists responding to a quarterly poll by Nikkei Inc. and NQN, China's central bank will likely lower interest rates once or twice in 2015.

China to Wait For Q4 Data Before Cutting Rates Again

Michael A. Katz |

Nov 25, 2014 10:13 AM EST

The People's Bank of China, which unexpectedly cut rates last week, says it will wait until economic data for the fourth quarter is released before deciding on whether to cut rates further.