HONG KONG—China’s central bank moved to free up more liquidity to support business and household lending, a signal that Beijing remains wary about the strength of the recovery in the world’s …
Monthly Archives For March 2023
China Starts the Year in Deficit as Land Sales Continue to Slump
China’s started the year already in deficit for the first time since 2020, with weak land sales due to the real estate slump slashing government revenue. The broad deficit in the budgets for all …
China makes surprise rate cut to boost banking liquidity and the economy
China’s central bank has made a surprise cut to the amount of money that banks must keep in reserve, in an effort to keep money flowing through the financial system and prop up the economy.…
China Jan-Feb fiscal revenue shrinks despite pick-up in economy
Macro Matterscategory China’s on the move again … reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to professionals via desktop …
Hong Kong-Shenzhen Border: Back to Business, But Not as Usual
Read part 1, part 2, part 3, and part 4. When the new school semester began on Feb. 1, a Shenzhen resident surnamed Li took three days off from work to accompany her 12-year-old daughter…
China’s leader to visit Moscow next week with U.S.-Russia relations at new low
China is Russia’s most important ally and has been buying Russian oil and other goods shunned by Western countries. It is also a big buyer of Ukrainian grain. An international agreement to allow the …
China LNG buyers return to spot market, but coal to keep demand capped
Increasing gas supply from domestic production and by pipeline from Russia could also LNG limit imports, especially spot purchases, say analysts. “Large amounts of (long-term) contractual volumes are …
Blockchain IoT Market Next Big Thing Forecast 2023-2026
1.4.3.7 Poland Blockchain IoT Market Status and Prospect (2017-2023) 1.4.4 China Blockchain IoT Market Status and Prospect (2017-2023) 1.4.5 Japan Blockchain IoT Market Status and Prospect (2017-2023) …
China’s PBOC to Cut Banks’ Reserve-Requirement Ratio — Update
At a press conference Monday, China’s newly appointed premier, Li Qiang, pledged to shore up growth and restore business confidence in the world’s second-largest economy. PBOC Gov. Yi Gang signaled a …
China cuts banks’ reserve ratio for first time in 2023 to support recovery
China’s economic activity picked up in the first two months … reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to professionals …
China’s Xi to visit Putin amid Beijing’s bolder global role
China has refused to condemn Moscow’s aggression and sought to project itself as neutral in the conflict even while Beijing declared last year that it had a “no-limits” friendship with Russia. Both …
China Mobile and ZTE launch the world’s first pilot of 400G QPSK
PRESS RELEASE: ZTE Corporation in partnership with China Mobile, has completed the world’s first 400G QPSK (Quadrature Phase Shift Keying) pilot, accomplishing ultra-high-speed transmission over …
China’s DCP Capital aims to sell Singapore tech firm MFS for at least $550 mln – sources
HONG KONG, March 17 (Reuters) – Chinese private equity firm DCP Capital aims to sell its Singaporean portfolio firm MFS Technology, which makes flexible … It manufactures in China and Malaysia, and …