What is People's Bank of China?
{{no sources|date=November 2024}} {{Infobox central bank |image = [[File:Pboc lgo.png|180px]] | headquarters = {{hlist|Beijing|Shanghai}} |foundation = December 1, 1948 |president = [[Zhou Xiaochuan]] |key_people = [[Governor of the People's Bank of China]] |bank_of = People's Republic of China |currency = Renminbi (RMB) |currency_iso = CNY |assets = US$3.201&nbsp;trillion |borrowing_rate = 6.0% |deposit_rate = 3.5% |website = www.pbc.gov.cn |preceded = [[Central Bank of China]] |succeeded = |footnotes = }} The '''People's Bank of China''' ('''PBC''' or '''PBOC''', 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 in the world. [[Category:Banks of Asia]] [[Category:Companies based in Beijing]] [[Category:Central banks]] {{asia-stub}}