As China’s economy struggles, officials in Beijing have the arduous task of formulating a policy response that can ensure sustainable growth in what promises to be a challenging year ahead.
FINANCE
China’s Central Bank Injects Near-Record Amount of Liquidity Into Banking System
The People’s Bank of China pumped about $131 billion worth of liquidity via seven-day reverse repurchase agreements.
How Beijing is seeking to jump-start wavering economy
China’s economy faces challenges due to sluggish domestic spending, a property market slump, and potential trade tensions with the US. Beijing has responded with measures including expanding consumer …
How Beijing seeks to jump-start wavering economy
As China’s economy struggles, officials in Beijing have the arduous task of formulating a policy response that can ensure sustainable growth in what promises to be a challenging year ahead.
China to cut pay by half for staff at top financial regulators, sources say
China is set to slash pay for staff at its top three financial regulators, including the central bank, by about half, as part of a regulatory revamp unveiled in 2023 to bring their salaries in…
Beijing regulator vows efforts to stabilise market
China’s top securities regulator says it will work on building a mechanism to stabilise the market, vowing to anchor market expectations in 2025 after a disappointing start to the new year.
China Dec new bank loans beat forecasts as government support kicks in
Chinese banks extended 990 billion yuan ($135 billion) in new yuan loans in December, up from November and outpacing analysts’ forecasts as government stimulus measures slowly spur credit demand.
Beijing Promise, Bank of Japan Outlook Roil Asian Stock Markets
Asian stock markets were choppy on Tuesday, as traders weighed a promise from Beijing to assist equities, but also viewed odds for a rate hike from the Bank of Japan. Hong Kong and Shanghai gained,…
Chinese Central Banker Warns of Government Bond Risks as Yields Slide
BEIJING/SHANGHAI (Reuters) – Investments in governments bonds are not risk-free, a Chinese central bank official said on Tuesday, warning of a potential market bubble and resulting turbulence if bond …
China Will ‘Try Very Hard’ to Slow Yuan’s Fall, UBS’ Wang Says
A weaker yuan against the dollar may only give China’s exports a modest boost and Beijing will push to moderate the currency’s decline, according to UBS Group AG.Most Read from BloombergThese Homes …
China’s central bank is focused on stimulating the economy probably at the cost of the yuan, says UOB
Qi Wang, a CIO for wealth management at UOB Kay Hian, says he is “not that pessimistic” about the Chinese economy.
China Reins In Its Once-Freewheeling Finance Sector With Purges and Pay Cuts
Xi’s campaign against capitalist excess ushers out internationally experienced financiers for a new generation of loyal functionaries.
China boosts yuan support with warning, capital control tweaks
BEIJING: China ramped up its support for the yuan with a warning and tweaks to its capital controls after the currency dropped close to a record low against the US dollar in offshore trading.
