While other central banks are worried about inflation, the People’s Bank of China announced a rules change to encourage more lending.
Monthly Archives For April 2022
China’s Central Bank Takes Small Steps to Support Economy
SINGAPORE—China’s central bank relaxed a key constraint on bank lending while keeping benchmark interest rates unchanged, steps that economists said will do little to spur growth in an economy …
Breaking news: China’s central bank cuts reserve requirement ratio releasing $83.2 billion to save economy
China’s central bank has announced a cut to its reserve requirement ratio to help boost its economy amidst the worst Covid breakout since 2020. On Friday …
China’s central bank cuts reserve ratio for banks to spur growth
The move was signaled by the State Council, China’s cabinet, at a meeting on Wednesday. Top officials have also repeatedly warned of risks to growth and the need for more moneta …
China: US auditors can examine US-listed companies in policy change
China plans to furnish US auditors with full access to the financial records of China companies that have US listings.
Huge blow for Putin as China silently turns and PULLS major car brand out Russia
RUSSIAN President Vladimir Putin and his chinese counterpart may be falling out as a major Chinese car brand pulls out of Russia.
China: Customs ups its game as as counterfeiting continues to grow
WTR is a unique and timely intelligence service informing commercial trademark decision making by assessing the business impact of trademark law developments.
We’re all gonna make it? Crypto bosses say the ‘tide is turning’ on regulation
The bosses of several major crypto companies say governments are beginning to take a more positive approach to the sector.
Canton Fair convenes homegrown and multinational brands online despite COVID-19 flare-ups
The biannual China Import and Export Fair, commonly known as the Canton Fair, convened both homegrown and multinational brands during its latest online-only session that officially began on Friday. In …
China says will help key industries resume work in locked-down Shanghai
China said on Friday that it will help hundreds of companies in key sectors to resume production in locked-down Shanghai, the commercial capital at the centre of the country’s latest COVID-19 outbreak …
Growing defiance of COVID-19 measures in China brings wave of arrests
Arrests and detentions for COVID-related rule-breaking in China surged in March, according to the results of a search by Reuters on the Weibo social media platform for police statements, posts by …
Strict COVID-19 lockdowns in Shanghai threaten auto production in China
COVID-19 outbreaks across China and the associated reductions in economic activity have already hit the auto industry hard, with car sales dropping 10.5 per cent in March …
Covid-19 in China: Shanghai logs 3,200 confirmed cases, the highest in a day
Around 20 million of Shanghai’s 25 million residents are still confined to their homes or neighbourhoods, a state media report said, according to the three-tier lockdown categories implemented in the …
