China will beef up its 2.88 trillion yuan ($406 billion) social security fund, making it “bigger and stronger” to help support its rapidly ageing population as the number of new births and younger …
FINANCE
China holds lending rates steady, focuses on bank stability amid economic slowdown; PBOC signals caution
The decisions reflect a balancing act by China, after PBOC Governor Pan Gongsheng said last … would strike a balance between supporting growth and ensuring the health of financial institutions. That …
China keeps loan prime rate unchanged after surprise cut in July
Investing.com– The People’s Bank of China kept its benchmark loan prime rate unchanged on Tuesday after a surprise cut in July, with Beijijng maintaining ultra-loose monetary policies to help support …
China, US enhance links to boost financial stability
[Photo/Sipa] The world’s two largest economies are strengthening financial cooperation through the China-United States Financial Working Group, in order to jointly address the new challenges brought …
China, US to set up contact group for any future ‘financial stress events’
China’s central bank said a meeting in Shanghai produced an agreement with the U.S. Treasury to appoint contact people to deal with any future “financial stress events,” a rare example of the world’s …
China Market Update: Hong Kong Growth Stock Momentum Continues
Asian equity markets were mixed on light news prior to the US Fed’s Jackson Hole meetings as the US dollar fell against Asian currencies and Hong Kong, Thailand, and Malaysia outperformed while Japan …
China, US hold ‘professional, pragmatic, candid and constructive’ talks to ensure financial stability
where the two sides signed a document on enhancing cooperation on financial stability, the People’s Bank of China (PBC), the central bank, said on Monday. Discussions and cooperation between the world …
China Was Supposed To Be The Future. Now It’s A ‘Money Pit’
The golden goose is no longer laying eggs for car companies. Also: EVs continue to outpace the rest of the market, but with a catch.
China to limit antimony exports from 15 September
China’s Ministry of Commerce has announced that it will impose export controls on antimony and its related products.
‘Collapsing’: Inside Australia’s iron ore disaster amid huge China announcement
On Wednesday, its chairman Hu Vangming warned that the “winter” of steel demand from China’s struggling construction industry would be “longer, colder and more difficult than we expected”. This …
China, US Team Up on Contact Group to Handle ‘Financial Stress’
China’s central bank said a meeting in Shanghai produced an agreement with the US Treasury to appoint contact people to deal with any future “financial stress events,” a rare example of the world’s …
US-China financial working group seek to ‘strengthen’ cooperation in times of stress
Financial Working Group met in Shanghai last week, with officials from China and the US discussing a wide range of issues over two days.
US-China financial working group seek to ‘strengthen’ cooperation in times of stress
Financial Working Group met in Shanghai last week, with officials from China and the US discussing a wide range of issues over two days.
