China’s cabinet signaled that the central bank will act to make more liquidity available to banks so they can lend more, including by cutting the amount of money they have to keep in reserve. (…
Monthly Archives For June 2020
China c.bank cuts 14-day reverse repo rate, injects net 40 bln yuan
China’s central bank on Thursday cut the rate on 14-day reverse repurchase agreements, as it resumed the use of the liquidity tool for the first time since February. ( read original story …)
China’s economic situation improving gradually, says vice premier Liu
China’s Vice Premier Liu He said the country’s economic situation has gradually improved, and that various indicators have shown marginal progress, in prepared remarks delivered on Thursday by the … ( read original story …)
China Asks Banks to Forgo $211 Billion to Help Boost Economy
China is counting on its massive banks to help bolster an economy facing its worst slump in four decades like never before.The government will push the financial industry to sacrifice 1.5 trillion … ( read…
Deadly clash in the Himalayas ups ante for China and India
Experts say a deadly clash between Indian and Chinese troops in a disputed border region high in the Himalayas shows China’s growing belligerence toward its nuclear-armed neighbor … ( read original story …)
Nielsen: Consumption recovery injects new vitality into China’s economy
The latest study by Nielsen, the global measurement and data analytics company, shows that there has been an improvement of consumption willingness as China has effectively controlled the contagion, … ( read original story …)
Segway bravely scoots onto Shanghai’s new IPO path
The owner of the storied two-wheeler is set to blaze a trail for Chinese depositary receipts with a $300 mln deal. Xiaomi-backed Ninebot brings with it sticky corporate features that Beijing has … ( read…
John Bolton says Trump asked China for re-election help in explosive new book
The former national security adviser portrays the president as erratic and ill-informed and as putting his own interests above all else. ( read original story …)
Beijing reports 21 new COVID-19 cases in city as of June 17
Beijing confirmed 21 new COVID-19 cases as of June 17, China’s health authority said on Thursday, down from 31 a day earlier. ( read original story …)
Norwegian salmon was not source of virus at Beijing food market, Norway says
Chinese and Norwegian authorities have concluded that Norwegian salmon was likely not the source of the novel coronavirus that was found at cutting boards in a Beijing food market, the Norwegian … ( read original…
Beijing in lockdown amid new COVID 19 wave
Watch “Beijing in lockdown amid new COVID 19 wave”, a CBSN video on CBSNews.com. View more CBSN videos and watch CBSN, a live news stream featuring original CBS News reporting. ( read original story …)
China reports 28 new coronavirus cases in mainland
China reported 28 new coronavirus cases in the mainland as of end-June 17, 21 of which were in the capital of Beijing, the country’s health commission said on Thursday. ( read original story …)
India and China talk peace after border clash…
Watch “India and China talk peace after border clash”, a CBSN video on CBSNews.com. View more CBSN videos and watch CBSN, a live news stream featuring original CBS News reporting. ( read original story …)
