Logo 27 May 2020

PBoC to get updated marching orders

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China’s central bank (PBoC) law is about to get an update.

On Monday, the National People’s Congress (NPC) announced the law is on the agenda for this year.

It’s about time:The law was last revised in 2003 – a lot has changed since then.

For those that don’t know, the law was first passed in 1995...