china economy

Bitcoin News

China increases gold reserves to $375 billion amid US-Iran tensions and market volatility
Bitcoin News

China’s $375B Gold Move Signals Strategic Shift Amid U.S.-Iran Crisis

March 2, 2026 j n

BEIJING, March 15, 2026 — The People’s Bank of China has officially confirmed a significant strategic pivot, increasing its national gold reserves to approximately $375 billion. This substantial accumulation follows confirmed military exchanges between U.S. and Iranian forces in the Strait of Hormuz earlier this week. Consequently, the move directly responds to escalating geopolitical tensions […]

People's Bank of China maintains benchmark lending rates to support economic stability in 2025
Bitcoin News

People’s Bank of China Maintains Crucial Stability: Benchmark Lending Rates Hold Steady Amid Economic Crosscurrents

January 20, 2026 j n

BEIJING, March 2025 – The People’s Bank of China announced today its decision to maintain benchmark lending rates unchanged, signaling a continued commitment to monetary stability during a period of significant global economic uncertainty. The central bank held its one-year loan prime rate at 3% and its five-year LPR at 3.5%, marking the fourth consecutive […]