Logo 01 Jul 2026

Legislature draft revision to central bank law adds counter-sanctions twist

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China is giving the legal framework governing its central bank (PBoC) a counter-sanctions twist. On June 23, the legislature’s standing committee (NPCSC) released an updated draft revision to the PBoC Law for public comment. ICYDK: Last updated in 2003, the PBoC Law sets out the central bank’s remit...