BEIJING, Jan. 10 (Xinhua) — The People’s Bank of China announced on Friday that it has decided to temporarily suspend treasury bond purchases in the open market, starting from this month.
FINANCE
How to trigger Trump: Britain’s cozy China trip risks America’s anger
Reeves’ mission has become more desperate as the U.K. economy continues to falter, with borrowing costs this week reaching 1998 levels and the pound tanking, threatening the government’s pledge to …
China bets on $11B consumer trade-in scheme to revive economic growth
China added more home appliances to the list of products that can be used in its $11 billion consumer trade-in scheme and will offer subsidies for additional digital goods this year, in an effort to…
U.K. finance chief heads to Beijing amid Chinese spying allegations
LONDON — British finance minister Rachel Reeves’ trip to China this weekend is part of the new Labour government’s push for reengagement with Beijing, but it comes at a delicate time after fresh …
Uniqlo owner falls most in five months on China concerns
Analysts indicated concern over China, where sales declined 1% compared to a year earlier, their first contraction in eight quarters.
Reeves flies to China as UK braces for further market turmoil
Rachel Reeves flew to China on Thursday night in a bid to revive closer ties with the nation and boost Britain’s economy amid turmoil in UK bond markets.
Nigeria, China deepen ties with pledge on security, finance and economic growth
Nigeria and China plan to deepen cooperation in areas such as clean energy, defence and finance, with China pledging support for Nigeria’s issuance of Panda bonds to fund infrastructure, the two …
China’s Central Bank Beefs Up Support As Yuan Nears 16-Month Low
China’s currency has had a rough start to 2025. It is nearing a 16-month low and many economists predict it has further to fall.
China to increase finance support for green, low-carbon development: central bank official
BEIJING — China’s financial sector will promote the steady growth of green finance in support of green and low-carbon development, as the world’s second-largest economy presses ahead with building a …
China to Issue Central Bank Bills in Hong Kong Amid Weakening Yuan
The People’s Bank of China will issue central bank bills in Hong Kong next week, a tool that is typically used to stabilize the yuan’s exchange rate in the offshore market.
2025 China Outlook: A Recipe For Re-Rating
We believe foreign capital will continue to return to China’s markets in 2025, accelerating the “re-rating” of China stocks, which began in 2024 with stimulus efforts.
China’s Clash With FX Speculators Might Surprise George Soros
In August of that chaotic year for Asia’s biggest economy, President Xi Jinping’s team announced a nearly 3% downshift in the yuan’s value versus the dollar. Naturally, it caused pandemonium in world …
Series of factors will conspire to limit Hong Kong stock gains in 2025: UBS
The Swiss bank expects the city’s benchmark index to rise above 20,000 by year-end, implying a gain of 3.7 per cent from Wednesday’s close.