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 mainland China. The People's Bank of China has the most financial assets of any single public finance institution ever.
Read more about People's Bank Of China: History, Management, Structure, List of Governors, Interest Rates
Famous quotes containing the words people, bank and/or china:
“For people who have no critical acumen, a state is a mythical entity, for those who think critically it is a rational fiction, created by man in order to facilitate human coexistence.”
—Friedrich Dürrenmatt (1921–1990)
“A bank is a confidence trick. If you put up the right signs, the wizards of finance themselves will come in and ask you to take their money.”
—Christina Stead (1902–1983)
“Consider the China pride and stagnant self-complacency of mankind. This generation inclines a little to congratulate itself on being the last of an illustrious line; and in Boston and London and Paris and Rome, thinking of its long descent, it speaks of its progress in art and science and literature with satisfaction.... It is the good Adam contemplating his own virtue.”
—Henry David Thoreau (1817–1862)