Ugly corporate results could undermine Beijing’s efforts to prop up investor confidence in China’s stock markets, which have bled over $6 trillion in market value from 2021. Yesterday, China’s central …
FINANCE
China is ramping up stimulus to boost market confidence — but is it enough?
Starting Feb. 5, the People’s Bank of China will allow banks to hold smaller cash reserves, central bank governor Pan Gongsheng said at a press conference, his first in the role. “The latest [PBOC] …
Financial policy to focus on real economy
China’s financial regulatory policy will focus on supporting the real economy and further opening up the country’s financial services industry, said Li Yunze, head of the National Financial Regulatory …
China’s stock market fall sounds alarm bells
Throughout 2022 the imperialist powers and global corporations applied tremendous pressure on the Chinese government to lift its successful anti-COVID public health measures. Their eventual success at …
China unveils the latest $140 billion lifeline to prop up its economy and markets
Policymakers in China are set to introduce a large shot of liquidity to prop up the country’s slumping economy and financial markets. China’s central bank announced Wednesday its largest “economic …
China cuts bank reserves to defend markets, spur growth
China’s central bank will cut the amount of cash that banks must hold as reserves from Feb. 5, the first such cut for the year as policymakers extend efforts to shore up a fragile economic…
China doubles down on support for Hong Kong’s role as financial hub for wealth products, bonds and green finance
Beijing’s financial authorities have doubled down on their support for Hong Kong as China’s global financial hub, after the nation’s bank regulator promised to open the doors for more wealth …
China announces biggest bank reserve ratio cut since December 2021
China’s central bank will cut the amount of cash that banks must hold as reserves from Feb. 5, governor Pan Gongsheng said on Wednesday, the first such cut for the year as policymakers extend efforts…
China’s central bank announces policy easing as it seeks to boost growth
China pledged to reduce the amount of liquidity that its banks are required to hold as reserves early next month in its bid to boost its struggling economy.
China stocks jump again on plan for $139 billion cut to bank reserves
Chinese stocks jumped late in Asia trading Wednesday after the country’s central bank said it would soon loosen monetary policy to support the ailing economy.
Analysis-China’s Attempts to Lift Confidence in Economy Fall Flat
Analysts warn China’s struggle to get its message across to the broader … highlights from the Party’s annual economic conference and the twice-in-a-decade financial policy meeting. The first …
China to double down on support for Hong Kong as nation’s international financial hub for bonds, green finance, minister says at AFF
Beijing’s financial authorities will double down for their … The overture appeared to have resonated with Egypt’s finance minister Mohamed Maait, who said the country is exploring opportunities to …
China to cut banks’ reserve ratio by 50 basis points from Feb. 5
This comes after China vowed Monday to “strengthen the market’s inherent stability” amid a rout in the country’s onshore and offshore stock markets. The Chinese economy is fraught with financial risks …
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