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 the most financial assets of any single public finance institution ever.

Read more about People's Bank Of China:  History, Management, Structure, List of Governors, Interest Rates

Famous quotes containing the words people, bank and/or china:

    “America is a hurricane, and the only people who do not hear the sound are those fortunate if incredibly stupid and smug White Protestants who live in the center, in the serene eye of the big wind.”
    —Norman Mailer (b. 1923)

    “A man’s labour is not only his capital but his life. When it passes it returns never more. To utilise it, to prevent its wasteful squandering, to enable the poor man to bank it up for use hereafter, this surely is one of the most urgent tasks before civilisation.”
    —William Booth (1829–1912)

    “Anyone who tries to keep track of what is happening in China is going to end up by wearing all the skin of his left ear from twirling around on it.”
    —Robert Benchley (1889–1945)