Beijing’s response to steep European tariffs on China-made EVs did not take long to materialize. On Monday, officials announced an anti-dumping probe on European pork imports, the first retaliatory …
FINANCE
China raises base pensions for retirees by 3%
The increase applies to individuals who completed their retirement procedures by the end of 2023 and were previously employed by companies or government bodies. The adjustment represents a roughly 3 …
China’s Economic Resilience Amidst Challenges: Central Bank Holds Steady
China’s central bank maintained its key lending rate at 2.5% to avoid loosening credit as manufacturing and real estate sectors showed continued weakness in May. Despite a 5.6% drop in factory output …
China’s central bank leaves key policy rate unchanged as expected
China’s central bank kept the medium-term lending facility (MLF) rate unchanged at 2.50%, aligning with market expectations. The decision reflects concerns over narrowing bank profit margins and a …
China’s Central Bank Maintains Key Policy Rate, Eases Liquidity, What You Need To Know
China’s central bank kept a key policy rate unchanged on Monday, as expected, while rolling over maturing medium-term loans and reducing..|News Track …
China’s central bank adds liquidity via reverse repos, MLF
File photo shows an exterior view of the People’s Bank of China in Beijing, capital of China. [Photo/Xinhua] China’s central bank injected liquidity into the banking system through reverse repos and …
China interest rate cuts face internal and external constraints, state media says
China still has room to lower interest rates, but its ability to adjust monetary policy faces internal and external constraints, the official Financial News said on Monday, citing industry experts.
China interest rate cuts face internal and external constraints, state media says
China still has room to lower interest rates, but its ability to adjust monetary policy faces internal and external constraints, the official Financial News said on Monday, citing industry experts.
China’s property investment slump worsens in January-May
BEIJING (Reuters) – Property investment in China fell 10.1% in the first five months of 2024 from a year earlier, after dropping 9.8% in January-April, even as policymakers doubled down on efforts to …
China Leaves Key Rate Unchanged on Currency Pressure, Liquidity
(Bloomberg) — China’s central bank left a key interest rate steady for the tenth straight month, displaying caution on monetary easing given abundant liquidity and pressure to prevent the yuan from …
Xi’s battle to stop investors fleeing China may be about to get easier
A new International Monetary Fund analysis shows global capital flows have soared in the US and plummeted in China and emerging markets.
Adidas investigates bribery allegations in China, Financial Times says
Probe launched after company received a whistleblower complaint that accused senior staff of embezzling ‘millions of euros,’ the newspaper reported …
China teen kills herself after forced engagement, uncaring fiancé wants bride price refund
A teenager in China has killed herself because she was so distraught about being pushed into marriage with a man she did not like.
