The People’s Bank of China kept a key policy steady, a widely expected move after officials made a flurry of rate cuts last month to support the ailing economy.
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China’s Central Bank Holds Key Policy Steady
The People’s Bank of China kept a key policy steady, a widely expected move after officials made a flurry of rate cuts last month to support the ailing economy.
China central bank conducts medium-term loan operation, with rate unchanged
China’s central bank conducted a medium-term loan operation on Friday while keeping the interest rate unchanged. The People’s Bank of China (PBOC) issued 700 billion yuan ($98.36 billion) worth of one …
China Refrains From Cutting Policy Rate Following Record Trim
China’s central bank kept its one-year policy rate unchanged, after slashing funding costs by the most on record a month ago, suggesting authorities are cautiously pacing monetary stimulus to support …
HSBC splits up bank amid growing tensions between China and the West
HSBC has unveiled a sweeping overhaul of its bank separating its UK division from its Asia business amid growing geopolitical tensions between China and the West. The lender on Tuesday announced that …
Gold’s Future Depends Crucially on China
Gold prices are being driven by demand in Asia, and savers in East Asia are only too aware of risks stemming from the China-US economic war.
In the News: DJI Sues Pentagon; Beijing Fills Financing Gap Left By VCs; and China Approves BNP and Prudential Insurance Companies
The world’s largest drone manufacturer fights allegations by the U.S. Defense Department, Commerce Department, and House of Representatives; Chinese government invests in Chinese startups after U.S.
China’s Retirement Age Will Jump. Young Workers Will Still Pay a Price.
With high youth unemployment and older workers reluctant to retire later, China’s pension system is running dry.
Thaw in China Ties Unlikely to Deter India’s Plans for Steel Tariffs, Source Says
Signs of thawing ties a day after the leaders of India and China met are unlikely to deter New Delhi’s plans to back tariffs on steel as they are not country-specific measures, a senior government…
Defend euro against China-Russia push for alternative currency: Europe’s bank chief
Next US leader also urged to weigh negative impacts of American and EU trade ‘restrictions and barriers’ on economic growth and inflation European Central Bank President Christine Lagarde made a case …
China’s stimulus salvo enters second month: our overview, and what comes next
After one month of rapid-fire economic stimulus, we look at China’s plan of action and survey what might be in the pipeline China’s adoption of numerous stimulus measures in the past 30 days – a…
Who authorized the selling of America’s top high school to China?
Thomas Jefferson High School for Science and Technology leaders betrayed everyone who contributed to the success of the nation’s former No. 1 high school.
U.S. and China Play a Big Part in the $100 Trillion Global Debt Load. What the IMF Says.
However, IMF official also said the two biggest debt contributors—the U.S. and China—have enough fiscal room and tools to deal with it for now. The question, of course, is if …
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