People’s Bank of China

Feature image for “People’s Bank of China Explained,” showing a compact policy-toolkit card with the 7-day reverse repo rate, the 1-year and 5-year-plus LPRs, reserve requirement ratio cuts, and the yuan’s daily trading band.

Central Banking

People’s Bank of China Explained: Reserve Ratios, MLF, and Capital Controls

The People's Bank of China explained: how China's central bank uses reserve ratios, the reverse repo rate, the MLF, re-lending,...

May 31, 2026