A woman walks past the People’s Bank of China (PBOC) headquarters in Beijing, China. (Photographer: Qilai Shen/Bloomberg)  

PBOC Braces for the ‘Last Mile’ in Interest Rates Overhaul

(Bloomberg) -- China’s monetary-policy makers are making louder noises this year about a long-postponed reform of interest rates that could ultimately see the abolition of the current benchmark.