Low interest rates – both nominal and real – have been a persistent feature of advanced economies since the 1980s. How long, many now wonder, can the trend last?

In the past, the key challenge facing China was to stop importing “dark matter”: as one of the world’s largest net creditors, China needed to stop running an investment-income deficit. Today’s challenge is to avoid “matter annihilation”: China must prevent its net foreign assets from disappearing.

China is leaving nothing to chance during next week’s visit by U.S. President Donald Trump, and will likely fortify the value of the yuan - a regular targ

China's GDP growth rate will reach 7 percent this year. On October 15, 2017, Governor Zhou Xiaochuan of the People’s Bank of China, the central bank, spoke on China’s economic prospects.

Chinese Finance Minister Lou Jiwei sat down with The Wall Street Journal in Washington on the sidelines of a Group of 20 gathering of finance chiefs that he co-chaired.

Recently Governor Zhou Xiaochuan had an interview with Caixin and talked about the yuan exchange rate regime reform, macro-prudential policy framework, digital currency and other topics. The following is an edited transcript of the interview.