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China’s central bank pledges stability in capital markets amid global sell-off
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Updated 3 hours ago
First seen March 20, 2026 03:05:40Stay on top of this story
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Quick Summary
China’s central bank named the continued stability of the country’s capital markets as a priority for 2026, a goal taking on greater significance as global markets are tested by the reverberations of the escalating US-Israel war on Iran. The People’s Bank of China designated the stability of stock, bond and foreign exchange markets as one of its “major tasks” for the year, according to a readout from a high-level meeting hosted by bank governor Pan Gongsheng on Wednesday. The bank also vowed to...