After decades of championing financial reforms, the People’s Bank of China has lost powers to a Communist party body and a revamped regulator
China sidelines its once venerated central bank
Recent Posts
- China’s BYD takes on Porsche and BMW with 5-minute ‘flash charging’
- France and Italy open talks with Iran in hope of securing safe Hormuz passage
- Should investors worry about a 2008-style shock?
- Bitcoin investor offers all Nevis residents $100 a month if libertarian city is approved
- Carlyle overhauls European private equity team after poor performance
