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:
“Of the best rulers The people only know that they exist; The next best they love and praise The next they fear; And the next they revile. When they do not command the people’s faith, Some will lose faith in them, And then they resort to oaths! But of the best when their task is accomplished, their work done, The people all remark, “We have done it ourselves.””
—Lao-Tzu (6th century B.C.)
“People get a bad impression of it by continually trying to treat it as if it was a bank clerk, who ought to be on time on Tuesday next, instead of philosophically seeing it as a painter, who may do anything so long as you don’t try to predict what.”
—Katharine Whitehorn (b. 1926)
“Whether the nymph shall break Diana’s law,
Or some frail china jarreceive a flaw,
Or stain her honour, or her new brocade,”
—Alexander Pope (1688–1744)