China’s central bank cut the amount of cash most banks must hold in reserve in order to boost lending in the economy as growth starts to wane.
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China Cuts Reserve Ratio for Banks to Support Small Businesses
China’s central bank lowers reserve requirements by a half point
The People’s Bank of China announced Friday it was cutting reserve requirements for its banks to help bolster the world’s number-two economy. The PBOC …
China June new bank loans rise to 2.12 trln yuan, beat expectations
Broad M2 money supply grew 8.6% from a year earlier, central bank data showed on Friday, also above estimates of 8.2% forecast in the Reuters poll. M2 grew 8.3% in May from a year ago.…
China’s Exports, Imports Growth Seen Moderating in June: Poll
China’s commerce ministry said on Friday it … podcast featuring tips and expert insight on all things money: personal finance, careers, investing, real estate and more. Investing for Retirement …
MOVES Credit Suisse promotes Hu to China chief executive
Credit Suisse (CSGN.S) has appointed Janice Hu to become its China chief executive, according to a statement from the bank on Friday.
China’s exports, imports growth seen moderating in June
China’s exports likely lost some momentum in June as virus outbreaks and port delays pressured trading despite solid global demand helped by easing lockdown measures and vaccination drives, a Reuters …
China Closes Myanmar Border Amid COVID-19 Spike
China closed its border with Myanmar on Thursday afternoon, following a spike in COVID-19 cases in border towns and northern Shan State. Traders in Muse said the Jin San Jiao gate, which was the only…
China Inflation Cools but Beijing Worries Economy Is Losing Heat
China’s factory-gate prices rose at a slightly slower pace in June, raising hopes among economists that inflation in the world’s second-largest economy may have hit a turning point.
China’s auto sales up 27% in 2021, but hurt by chip shortage
China’s auto sales rose 27% in the first half of 2021 from a year earlier but still were below pre-pandemic levels, and production and sales fell in June due to global shortages of processor chips,…
10 best websites like DHgate for importing items from China in 2021
Which are the best ⭐WEBSITES LIKE DHGATE⭐ for importing items from China in 2021? Continue reading this article to know more about some of the top sites to use.
POLL-China’s exports, imports growth seen moderating in June
Open/url=cpurl://apps.cp./Apps/econ-polls?RIC=CNEXP%3DECI export poll data reuters://realtime/verb=Open/url=cpurl://apps.cp./Apps/econ-polls?RIC=CNTRD%3DECI trade balance data BEIJING, July 9 (Reuters …
Didi’s China Probe Adds to Business Challenges at Home and Abroad
China’s regulatory action against the Chinese ride-hailing giant threatens to impinge on its growth as it faces growing competition at home and struggles to expand into new countries and new lines of …
GBA’s Shenzhen Qianhai Extends 15% CIT for Qualified Enterprises Until End of 2025
Qualified enterprises engaged in encouraged industries in Shenzhen Qianhai Area can enjoy a reduced CIT rate of 15 percent for five more years, to December 31, 2025. On July 9, 2021, the Ministry of …
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