The People’s Bank of China

The People’s Bank of China (PBC or PBOC, ) is the central bank of the People’s Republic of China with the power to control monetary policy and regulate financial institutions in mainland China. The People’s Bank of China has more financial assets than any single public institution, and is second only to the Federal Reserve System of the United States in terms of overall central bank assets.

Written by
Nathan Tarrant
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Written by Nathan Tarrant