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 China.
The Governor of the People's Bank of China is nominated by the Premier and approved by the National People's Congress, and is also member of the State Council. The People's Bank of China has more financial assets than any other single public finance institution in the history of the world.
HQ: Beijing, China
Founded: 1948
ID: 1014. Updated: 29.09.2018
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