Contributor: Isabelle Jiani Zheng

Changing Engines, Different Cycles: Monetary Policy in China and Europe

| 20 August 2026
Monetary, Blog | Tags: China, Economic Growth, Europe, Macroprudential Policy
At the aggregate level, China and Europe are in very different macroeconomic phases. China continues to face weak domestic demand and persistently low inflation, while Europe is confronting renewed inflationary pressure from an external supply shock ... ... continue reading

Macroprudential Policy for a Low Carbon Economy: The Case of Cross-Border Funding in China

and | 24 April 2026
Monetary, Policy Briefs | Tags: China, Decarbonization, Macroprudential Policy
Understanding how macroprudential frameworks can be designed and adapted to support cross-border flows is therefore an increasingly pressing question for policymakers. This paper distills the lessons from China on how to do so. ... continue reading

Monetary Policy Reloaded. Towards a New Growth Path in China

| 19 September 2025
Monetary, Blog | Tags: Central Banks, China, Economic Growth, Financial Inclusion
In recent months, the People’s Bank of China (PBOC) unveiled a comprehensive series of monetary policy measures and guidance that combines general easing and targeted support mechanisms. ... continue reading

China’s Monetary Stimulus. Aggregate and Structural Implications

| 13 February 2025
Monetary, Blog | Tags: Central Banks, China, Economic Growth, Financial Stability
The People’s Bank of China (PBOC) convened its 2025 work conference in Beijing from 3 to 4 January, signaling a commitment to maintaining a supportive policy stance in the new year following key steps in this direction in 2024. ... continue reading