Bizarre product dug up from outside some of country’s major banks, sales representative claims dirt dissolves ‘bad energy’.
FINANCE
China says it has ‘ample’ policy tools to spur growth
China’s central bank governor Pan Gongsheng said the PBOC will cut interest rates and banks’ reserve requirement ratio at an appropriate time this year.
China’s growth goal will need much stronger stimulus if U.S. trade war intensifies, economists say
Economists say that Beijing may hold off on major stimulus measures until later in the year if growth slows or trade tensions escalate further.
China’s Growth Focus, Stable Yuan Fan Hopes of Better Liquidity
The worst may be over for traders grappling with tight cash conditions in China’s banking system, as the yuan’s rebound and Beijing’s ambitious growth target pave the way for a liquidity boost from …
China’s Bonds See Worst Slide This Year as Rate-Cut Doubts Grow
China’s benchmark sovereign bond yield jumped the most this year as the central bank sowed doubts over further interest-rate cuts and a stock rally lured investors away from government debt.
Calls for more stimulus amid rising trade war
President Xi Jinping has signalled China’s determination to push ahead with an ambitious growth goal this year, despite the trade war.
China’s Biggest State-Owned Banks’ Capital In Focus At Economic Policy Meet
Postal Savings Bank of China Co. Ltd. had 1.28 percentage points of common equity Tier 1 ratio above its regulatory requirement of 8%. Click to read.
China has ample policy room to deal with economic risks, finmin says
China’s finance minister on Thursday left the door open to more stimulus measures on top of those announced at the annual parliament meeting this week in the event the tariff-hit economy veers off its track…
China says it is ‘ready for war’ with America
China says it is “ready for war” with America as it raises defence spending and imposes retaliatory tariffs on US imports.
Chinese officials say more stimulus possible if growth slowed
BEIJING (Reuters) -Chinese officials on Thursday flagged more monetary policy easing “at an appropriate time” and left the door open to more stimulus measures on top of those announced at this week’s …
Chinese economy faces rising international ‘uncertainty’, official says
Beijing set an ambitious annual growth target of around 5% this week, vowing to make domestic demand its main economic driver as an escalating trade war with the United States hit exports.
China has more room to act on fiscal policy amid global uncertainties, finance minister says
China has more room to act on fiscal policy amid domestic and external uncertainties, Finance Minister Lan Fo’an told reporters on Thursday.
China unveils key economic targets and policies in 2025 government work report
The Chinese government has outlined its major economic goals and policy directions for 2025 in a work report submitted Wednesday to the national legislature for deliberation …
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