China’s central bank is making the biggest medium-term liquidity injection since 2020, stepping up efforts to support the nation’s economic recovery.
FINANCE
World Bank rejects China’s call to take hit on debt relief
The World Bank will not take losses on loans made to countries in need of debt relief, a senior official said, despite demands from China to force international lenders to do so. Ayhan Kose, deputy…
China’s Financial Landscape Reshaped: Changes in Securities Fusion Transactions
In the pulsating heart of China’s financial epicenter, a new regulatory notice is quietly reshaping the landscape of securities lending. This intricate dance involves the Shanghai and Shenzhen …
One sector in China is beating the slowdown — 3 stocks to play it including one with 80% upside
While financing conditions for non-state-owned enterprises have improved over the years, one adage hasn’t changed: Banks in China will stick to policy directives.
China Donates $4.1 Million to Afghanistan
Strengthening Bilateral Relations China has announced a significant donation of $4.1 million to Afghanistan, further strengthening the bilateral relations between the two nations. This donation comes …
Central bank vows more solid support for real economy
File photo shows an exterior view of the People’s Bank of China in Beijing. [Photo/Xinhua] The governor of China’s central bank has vowed to provide more substantial support to the real economy amid …
China’s central bank chief vows to seize economic momentum to boost confidence
China’s central bank says it will seize on recent momentum in the economy and better leverage monetary policies to boost demand and confidence. Pan Gongsheng, governor of the People’s Bank of China …
Israeli missions in China step up security checks, after weekend curfew order for Beijing staff following knife attack
Several Israeli missions in China have tightened security requirements for staff movement after an employee at the embassy in Beijing was stabbed in the street, sources said. This comes after embassy …
China’s restrictions on securities lending tightened to curb short-selling, boost investor confidence
a senior research fellow at the Chongyang Institute for Financial Studies at the Renmin University of China, told the Global Times on Sunday.
China’s central bank governor sees growth improving, ‘manageable’ debt risks, and ‘signs of recovery’ in real estate market
China will seek more sustainable growth while maintaining a “reasonable” expansion pace, he said. Global central bankers and finance minsters have gathered in Marrakech to discuss the outlook for the …
From railways to 5G: why China is plugging into the Digital Silk Road
Belt and road infrastructure deals have taken a back seat as countries struggle with debt and their priorities shift, analysts say.
Digital Yuan Innovations Unveiled at China’s 2023 Digital Finance Forum
Digital Yuan’s Expanding Role The digital yuan, China’s central bank digital currency, continues to make headway in various sectors, promoting consumer spending, supporting national strategies, and …
Wall Street, take note: China’s new blueprint to rescue stocks
Wall Street better start paying close attention, because China’s drawing up new blueprints to save its plummeting stock market. As the numbers roll in, it’s evident that China’s mammoth economy is …