China’s central bank has opted to keep its key one-year interest rate steady at 2.3 percent, following a reduction of 20 basis points in July. This decision comes alongside a significant net …
FINANCE
China to keep up financial risk control campaign with draft rules for microlenders
A draft set of rules and standards have been released for China’s microfinancing firms, with risk control and consumer protection in mind.
China’s fiscal revenue falls 2.6% in the first seven months of 2024
China’s fiscal revenue fell 2.6 per cent in the first seven months of 2024 from a year earlier, narrowing slightly from a 2.8 per cent slide in the first half, …
China’s fiscal revenue falls 2.6% in the first seven months of 2024
China’s fiscal revenue fell 2.6 per cent in the first seven months of 2024 from a year earlier, narrowing slightly from a 2.8 per cent slide in the first half, …
China’s Fiscal Revenue Slumps in First Seven Months But Should Pick Up Soon, Finance Ministry Official Says
(Yicai) Aug. 26 — China’s fiscal revenue will rise in months to come, despite tumbling in the first seven months, as macro-economic policies take effect, the economic recovery becomes more solid, and …
China’s central bank conducts $66 billion via reverse repos Monday
China central bank conducted 471 billion yuan about US66 billion of seven-day reverse repos at an interest rate of 17 percent MondayXinh …
China’s chief market regulator calls on fund managers to inject confidence, revive stocks
China’s chief capital market regulator has called on leading state-run investment institutions and private asset managers to step up their presence and help revive confidence among investors in the …
Exclusive-China’s Didi in talks to sell smart auto assets to state-backed NavInfo’s unit, say sources
HONG KONG (Reuters) – China’s Didi Global is in advanced talks to sell its smart driving and cockpit assets to state-backed digital mapping firm NavInfo’s unit, as the ride-hailer focuses on its core …
Liu Jin resigns as Bank of China’s president for undisclosed ‘personal reason’
China launched a new round of anti-corruption inspections by Chinese authorities in April, targeting some of the country’s largest state-owned banks, including ICBC and BOC, as well as financial …
ETF Empowering Investors in China’s Transition to Sustainable Economy
According to International Energy Agency’s forecasts, renewables will surpass coal to become the largest source of global electricity generation in 2025 and account for over 42% share in 2028, …
China central bank rolls over maturing loans, injects cash
China’s central bank rolled over maturing medium-term loans and injected cash through its liquidity instruments on Monday, underlining market expectations for further easing as the economy struggles …
China central bank rolls over maturing loans, injects cash
China’s central bank rolled over maturing medium-term loans and injected cash through its liquidity instruments on Monday, underlining market expectations for further easing as the economy struggles …
China’s Central Bank Keeps Key Policy Steady as Expected
China’s central bank kept its key policy rates unchanged, as widely expected after a flurry of rate cuts last month.
