Authorities have charged China's former deputy central bank governor, Fan Yifei, with bribery, China's state news agency Xinhua reported on Wednesday (Sep 27). Fan, 59, is the highest-ranking official at the People's Bank of China to be prosecuted under President Xi Jinping's anti-graft drive over the past decade, in a campaign aimed at weeding out corrupt officials in the financial sector.

China: Central bank's former deputy governor faces prosecution for bribery charges

China's central bank unexpectedly trimmed a key interbank lending rate on Monday, the first easing in the liquidity tool in more than four years and a signal to markets that policymakers are ready to act to prop up slowing growth.

China slashes key liquidity rate for first time since 2015

peoples-bank-of-china-1

People's Bank Of china, News on People's Bank Of china, stories on People's Bank Of china, articles on People's Bank Of china, People's Bank Of china stories at Wion, People's Bank Of china news, People's Bank Of china latest news

peoples bank-of-china-1

China: Central bank's former deputy governor faces prosecution for bribery charges

China slashes key liquidity rate for first time since 2015