BEIJING/HONG KONG (Reuters) – China’s central bank has shifted to a more aggressive easing stance, but its policy weapons don’t have the key enemy to economic growth in their line of sight: the persistently weak…
FINANCE
Beijing encourages investment in struggling start-ups, but are big banks ready?
Beijing’s encouragement for banks to boost investment in unlisted companies is a big move in the effort to support start-ups, analysts say.
China PBOC Cuts Key Policy Rate
China’s central bank cut a key policy rate just one day after announcing several monetary easing measures to boost lending amid concerns that Beijing might miss its official annual growth target this year.
China needs more than rate cuts to boost economic growth
More fiscal support is needed, analysts said, after the PBOC surprised markets by announcing plans to cut a number of rates.
There needs to be a policy-led promotion of the economy in China, not just the expansion of financial channels: Infusive
Jack Dwyer of Infusive says he expects more policy support to come from the PBOC and Chinese regulators and discusses the need for a coordinated policy push by the state to restore confidence in the…
Beijing Pushes on a Stimulus String
China needs more private enterprise, not more cheap credit.
China e-commerce giants Alibaba, JD.com, Pinduoduo see stock surge after stimulus package
Chinese e-commerce stocks jumped after the country’s central bank announced a broad stimulus package. Alibaba, JD.com, and Pinduoduo led the surge.
Oil jumps nearly 2% as traders expect China stimulus to boost demand
Oil jumped nearly 2% on Tuesday before paring gains after China announced its biggest stimulus package since the early days of the pandemic, raising prospects of increased demand. On Tuesday West …
Xi’s Economic Adrenaline Shot Is Only Buying China a Little Time
Tuesday’s hastily arranged briefing delivered a sweeping policy package. Economists say reversing the slump will require much more.
China’s central bank goes big with monetary easing
The People’s Bank of China unleashed a fusillade of measures aimed at arresting the nation’s economic malaise Tuesday morning. Why it matters: The world’s second-largest economy faces a popping property bubble,
UK interest rates will fall ‘gradually’, predicts Bank of England governor; China launches stimulus blitz – business live
Rolling coverage of the latest economic and financial news. 13:37 In the travel sector, the disruption caused by the strike at Boeing could last longer than the current walkout. Ryanair CEO Michael O’Leary says…
China just released aggressive measures to boost its economy — but some analysts say it’s still not enough
“Today’s policy measures are bold by historical standards,” Betty Wang, the lead economist at Oxford Economics, wrote in a note on Tuesday.
China ADRs, miners, casino shares leap as Beijing launches fresh stimulus measures
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 …
