China’s explicit call to cut the amount of cash banks set aside as reserves and boost lending has advanced expectations for imminent policy easing, but economists say any credit loosening may not be …
Monthly Archives For April 2022
China’s Xi says sticking to tough COVID curbs will bring victory
President Xi Jinping has said that China must stick to its strict “dynamic COVID clearance” policy while the global pandemic remains very serious, promising those enduring lockdowns that persistence …
Chinese Developer Readies Biggest Hong Kong IPO Since September
At that size, it would the largest IPO in the financial hub since Dongguan Rural Commercial Bank Co.’s $1.2 billion deal in September. It would be testing appetite for shares tied to China’s …
The 131st Canton Fair presents new home appliance business for the “stay-at-home economy”
The upcoming 131st China Import and Export Fair (Canton Fair) will present more than 2.9 million products covering eight major sectors, among which the electronic and home appliances exhibition zone …
China central bank likely to cut interest rate for second time
China’s central bank is expected to cut its key policy interest rate for the second time this year on Friday (April 15) and reduce the reserve requirement ratio within days to help bolster a faltering…
China’s Central Bank Likely to Cut Interest Rate, Reserve Ratio Soon
The People’s Bank of China is seen to be further diverging from the U.S. Federal Reserve. There are signals the Chinese central bank is set to cut interest rates for the second time this year.
China reports 2,999 new locally transmitted coronavirus cases
China on Wednesday reported 2,999 locally transmitted confirmed COVID-19 cases, the National Health Commission said on Thursday.
80% elderly in Beijing vaccinated against Covid-19
Nearly 3.44 million above 60 years in Beijing, or 80 per cent of the city’s elderly population, have been vaccinated against Covid-19, local authorities said. Eighty per cent of the city’s elderly …
Anonymous Twitter users are exposing pro-Russian sentiment in China, and Beijing is not happy
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Beijing to bolster green consumption with coupons
Beijing will offer vouchers worth more than 300 million yuan ($47 million) to spur consumption in the energy-saving sector between April and September this year. “As Beijing has been making efforts to …
BlackRock plans first China ETF product this year
Currently, the U.S. firm manages overseas assets of a handful of China’s large state-backed investors such as the country’s sovereign wealth fund and national pension fund via offshore units, as all …
China’s anti-corruption watchdog involved in probe of Jack Ma’s Ant – Bloomberg News
The Chinese Communist Party’s anti-corruption watchdog was among the agencies involved in a recent inquiry into links between billionaire Jack Ma’s Ant Group and state-owned Chinese companies, …
US State Department criticizes China’s human rights record in latest report
The U.S. State Department has once again accused the Chinese government of several offenses in its latest global human rights report released on Tuesday. The department’s 2021 Country Reports on Human …
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