China keeps slashing lending rates as authorities ramp up their efforts to stave off a sharp economic slowdown.
Monthly Archives For January 2022
China says it warned away U.S. warship in South China Sea
Chinese forces followed and warned away a U.S. warship which entered waters near the Paracel Islands in the South China Sea, the country’s military said on Thursday, in the latest uptick in tensions …
China cuts mortgage lending rate for first time in two years
China has cut its benchmark rate for mortgage lending for the first time in nearly two years, adding to a cycle of gradual monetary easing as policymakers seek to counter a loss of economic momentum.
China reluctantly gives property market a break
China’s tough stance on deleveraging the real estate industry is softening, however reluctantly. The government will let property developers access much-needed funds from escrowed prepayments, …
China cuts lending rates, boosting property firms
China further reduced bank lending costs Thursday in the latest move to boost its stuttering economy, providing some much-needed support to the co …
US diplomatic boycott of Beijing Olympics unfair
World needs a dialogue aimed at providing equitable opportunities for all nations The diplomatic boycott of the Beijing Winter Olympic and Paralympic Games may go down in history as the official …
China Stocks Rally With Property in Lead as Easing Bets Advance
Chinese stocks rallied across the board after lenders lowered borrowing costs in another sign that policymakers are easing to support growth after months of regulatory crackdown and deleveraging. Most …
China property shares, bonds rally on hopes govt measures will aid liquidity
Stocks and bonds of Chinese property developers stretched their gains into Thursday on hopes a slew of recent government measures would help ease a funding squeeze in the embattled sector, even as …
China’s 2021 soy imports from Brazil fall on lower demand
China’s soybean imports from Brazil in 2021 fell from the previous year, customs data showed on Thursday, as lower demand curbed purchases. BEIJING, Jan 20 (Reuters) – China’s soybean imports from …
China Testing Blitz; Hong Kong Suspends Classes: Virus Update
China is ramping up its coronavirus testing regime after linking at least two omicron cases at opposite ends of the country to international parcels. Tokyo raised its virus alert to the highest level.
2 weeks out from the Olympics, China is back to using anal COVID-19 swab tests on some Beijing residents to try to detect Omicron cases
COVID-19 swabs in Beijing this week in a procedure that involves inserting a cotton swab nearly two inches into the rectum.
China Seeks to Ensure Frozen Assets Won’t Impede Home Building
Chinese regulators urged local authorities to ensure home building isn’t impeded by creditors’ requests to freeze developers’ assets held in escrow accounts.
China Says Warned Away U.S. Warship in South China Sea
Chinese forces followed and warned away a U.S. warship which entered waters near the Paracel Islands in the South China Sea, the country’s military said on Thursday. The Southern Theatre Command of …
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