China’s central bank added less cash than expected into the banking system via policy loans while keeping the rate unchanged this month even with funding demand on the rise into Lunar New Year …
Monthly Archives For January 2023
Biden’s classified documents found in think tank for UPenn, which has financial ties to China
Biden’s lawyers found classified documents in the former office of his Washington D.C. think tank in early November, CBS News first reported last Monday. The first set of documents from Biden’s time …
China’s ZJLD Files for Hong Kong IPO as Competition Among Baijiu Makers Intensifies
ZJLD Group has filed for an initial public offering on the Hong Kong Stock Exchange, as the competition among Chinese baijiu distillers has been increasing in recent years. ZJLD applied to go public …
China braces for COVID-19 holiday surge as people leave megacities for hometowns
BEIJING: Luggage-laden passengers flocked to railway stations and airports in China’s megacities on Monday (Jan 16), heading home for holidays that health experts fear could intensify a COVID-19 outbreak that has claimed thousands of lives.
In China, no easy way to get Pfizer’s Covid-19 drug Paxlovid
BEIJING – When Mr Li’s 83-year-old father with diabetes started coughing and complaining of body aches last month, the Beijing resident became anxious about finding a treatment for Covid-19 in case his parent had caught…
‘A man who understands Hong Kong’: Beijing’s new liaison office head vows to bridge communication between city and central authorities
Zheng Yanxiong, 59, says city will have ‘everlasting prosperity’ as long as it does not take ‘wrong direction’.
China, HK stocks rise after Beijing signals COVID wave peaked
China stocks jumped to a four-month high on Monday, while Hong Kong shares also advanced, as investors doubled down their bets on economic recovery after Chinese health officials said COVID-19 infections in the region likely…
China’s December Home Prices Decline Further, More Cities Record Falls
China’s new home prices fell for the fifth straight month in December as COVID-19 outbreaks hurt demand, but the dismantling of strict pandemic curbs and hope for more support measures have brightened …
A Glimpse at What a China-Centric World Would Look Like
A few days ago, a story in the Diplomat provided the United States and the West with another glimpse at what a China-centric world would look like. Zhanargul Zhumatai is a 47-year-old Kazakh artist …
The Eastern Window: China is investing in technology for survival, not global dominance
China is investing heavily in technology more for its own survival than due to international ambition. Chinese factories are now less able to produce low-cost goods for the world market because of …
China c.bank injects fresh funds through medium-term policy loan, rate unchanged
China’s central bank rolled over maturing medium-term policy loan and injected fresh funds into the banking system on Monday, while keeping the interest rate unchanged for the fifth straight month, …
China’s PBOC Leaves Key Policy Rates Unchanged
China’s central bank kept its key policy rates unchanged on Monday, which may suggest a hold on benchmark lending rates later this month. The People’s Bank of China injected 779 billion yuan ($116.22 …
China: The PBoC inject liquidity to support growth but the yuan could turn weaker in March
The PBoC keeps the 1Y Medium Lending Facility rate at 2.75% but increases the volume of the facility by CNY79 billion in January. The market should …
