U.S.-listed shares of Chinese firms jumped on Tuesday, along with China-focused exchange-traded funds, casino companies and commodity-linked stocks, as Beijing’s largest stimulus measures since the …
FINANCE
China’s central bank tries to save the economy—and the stockmarket
A s China’s economy has descended into deflation, the central bank’s lack of urgency has been a source of frustration. Officials at the People’s Bank of China (PBoC) at firs
Iron Ore Spikes as Beijing Takes Slew of Steps to Aid Economy
Iron ore and copper, two of the most important commodities, rallied strongly after China unveiled a series of measures to boost growth and resurrect its beleaguered property market.Most Read from …
China’s NDRC urges firms to use Hong Kong for financing local projects, overseas plans
Hong Kong seen as a top financing platform for the mainland’s ‘attracting foreign investment’ and ‘going global’ strategy, an NDRC official says.
Would a 60% tariff on Chinese imports hurt China or the U.S. more?
President Joe Biden has been correct to focus on China as the main challenge to U.S. national security and prosperity. Trade is a key issue, and trade tariffs in particular will be a focus of…
China’s surprise rate cuts boost sentiment for now, managers say
In a joint press conference on Sept. 24 between the PBOC, the China Securities Regulatory Commission and the National Financial Regulatory Administration, China unveiled a slew of stimulus, including …
China central bank releases slate of support measures amid a deepening economic slump
China will cut the amount of cash banks need to have on hand, known as the reserve requirement ratio or RRR, by 50 basis points.
China moves to boost ailing economy with property, stimulus measures
The world’s second-largest economy has struggled to rebound from the pandemic, leading financial authorities to cut interest rates and support the property market.
China’s central bank unveils most aggressive stimulus since pandemic
China’s central bank on Tuesday unveiled its biggest stimulus since the pandemic to pull the economy out of its deflationary funk and back towards the government’s growth target, but analysts warned …
China Cuts Interest Rates and Mortgage Down Payments
The country’s central bank also freed commercial banks to lend more money in a package of moves aimed at rekindling growth in a stagnant economy.
Stocks rise as China announces economic stimulus package
Global markets rose in early trading today as China announced a stimulus program. China: stimulus program Chinese stocks rose sharply in trading today as the Central Bank of the Republic of China unveiled a wide-ranging…
China’s central bank announces measures to address weak economy
China’s central bank has announced far-reaching economic measures to address the country’s weakening economy. People’s Bank of China Governor Pan Gongsheng said the measures aim to lower interest …
China’s central bank cuts bank reserve rates, pledges other moves to help the economy
The Chinese central bank has reduced the amount of reserves banks are required to keep, among other moves it is rolling out to help revive the slowing economy …
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