People's Bank of China

The People's Bank of China (PBC or PBOC, Chinese: 中国人民银行, zhongguo renmin yinhang) is the central bank of the People's Republic of China with the power to carry out monetary policy and regulate financial institutions in mainland China. The People's Bank of China has more financial assets than any single public institution, and is second only to the Federal Reserve System of the United States in terms of overall central bank assets.

People's Bank of China

The People's Bank of China (PBC or PBOC, Chinese: 中国人民银行, zhongguo renmin yinhang) is the central bank of the People's Republic of China with the power to carry out monetary policy and regulate financial institutions in mainland China. The People's Bank of China has more financial assets than any single public institution, and is second only to the Federal Reserve System of the United States in terms of overall central bank assets.