Beijing: China will implement its prudent monetary policy in a targeted and efficient manner, and will ramp up financial support to domestic supply …
FINANCE
China’s central bank makes record weekly cash withdrawal
China’s central bank has made its biggest weekly cash withdrawal on record through a short-term bond instrument, as cash conditions loosened at the start of the year. The People’s Bank of China in a …
China’s Finance Minister Reiterates Plan for Fiscal Expansion
China’s Finance Minister Liu Kun reiterated plans to appropriately expand fiscal spending to aid economic recovery, while pledging to prevent systemic risks.
China’s central bank – commercial banks’ reserve conversions boosted its net FX purchases
People’s Bank of China (PBOC) said on Wednesday that a high amount of foreign currency it has bought recently was a result of commercial banks converting their foreign exchange holdings with the …
China’s Biggest Securities Brokerage Stumbles in Global Push
Citic Securities Co.’s dream of going toe-to-toe with Wall Street’s powerhouses in global finance is fizzling over troubles at its once free-wheeling Hong Kong operations. CLSA, acquired by Citic a …
Alibaba, Chinese tech stocks surge as Beijing boosts Ant Group
Chinese tech stocks flexed their muscles on Wednesday amid signs that Beijing is loosening up a bit on some of its tight regulatory controls over tech companies, in particular. Investors rallied …
China’s central bank pledges measures in 2023 to bolster upturn
China will implement its prudent monetary policy in a targeted and efficient manner, and will ramp up financial support to domestic supply and demand, in a bid to shore up economic recovery in 2023, …
How China’s reopening has the potential to shake financial markets
MARKET EXTRA In a matter of days, China, the world’s second-largest economy, is set to reopen its borders, abandon quarantine measures, and shed three years of zero-tolerance Covid-19 …
China COVID-19 outbreak stokes global worries as Beijing rallies citizens
Beijing’s abrupt axing of “zero COVID” curbs last month has unleashed the virus on China’s 1.4 billion people who have little immunity after being shielded since the virus emerged in the Chinese city …
China’s Central Bank Pledges ‘Targeted, Prudent’ Monetary Policy
China’s central bank reiterated it will implement a targeted and prudent monetary policy in 2023, and provide support to domestic demand.
China central bank says it will keep liquidity reasonably ample in 202
The People’s Bank of China will step up financing support to spur domestic demand and support a stable real estate market, the central bank said in a statement after a meeting.
China c.bank says it will keep liquidity reasonably ample in 2023
The People’s Bank of China will step up financing support to spur domestic consumption and key investment projects and support a stable real estate market, the central bank said in a statement after i …
China’s c.bank – commercial banks’ reserve conversions boosted its net FX purchases
People’s Bank of China (PBOC) said on Wednesday that a high amount of foreign currency it has bought recently was a result of commercial banks converting their foreign exchange holdings with the …
