China’s central bank will cut the amount of cash some lenders must hold as reserves, unlocking about 700 billion yuan (Dh396.63bn) of liquidity, as it seeks to control leverage and support smaller companies. The required…
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Beijing to unlock Dh396bn with bank reserves cuts
China’s central bank frees up US$100 billion in funding as trade war looms
China’s central bank said on Sunday it would unlock at least US$100 billion for the country’s lenders to bail out troubled state firms and to help small businesses, as Beijing tries to shore up growth…
China’s central bank to cut reserve requirements
BEIJING: China’s central bank announced Sunday it would reduce the reserve requirement ratio (RRR) for most banks by 50 basis points to free up funding for small firms as a trade war with the US…
3 reasons why China’s viral video app Douyin is not good for luxury brands
In 2018, it seems like everywhere you turn in China, people are talking about Douyin. The social media app lies halfway between Musical.ly and Snapchat, offering users the opportunity to post and send photos, live-stream…
US Defence chief to visit China amid South China Sea tensions
BEIJING — U.S. Defence Secretary Jim Mattis, who has accused China of “intimidation and coercion” in the South China Sea, visits Beijing this week as the countries increasingly spar over U.S. arms sales to Taiwan…
China Mobile Shaanxi and Huawei Jointly Implement World’s First Large-Scale Cloud-based BNG Deployment
[Xi’an, China, June 22, 2018] China Mobile Shaanxi and Huawei have jointly carried out the world’s first large-scale commercial deployment of cloud-based BNG. This commercial deployment marks a smooth upgrade from the traditional BNG solution…
China to Unleash $108 Billion in Reserve Cut for Some Banks
China’s central bank will cut the amount of cash some lenders must hold as reserves, unlocking about 700 billion yuan ($108 billion) of liquidity, as it seeks to control leverage and support smaller companies. The…
China cuts some banks’ reserve requirement ratios to steady liquidity
BEIJING (Reuters) – China’s central bank said on Sunday it would cut the amount of cash that some banks must hold as reserves by 50 basis points (bps) to accelerate the pace of debt-for-equity swaps…
China central bank cuts some banks’ reserve requirement ratios by 50 bps
BEIJING (Reuters) – China’s central bank said on Sunday it would cut the amount of cash that some banks must hold as reserves by 50 basis points (bps) in a move designed to stimulate lending…
China to Unleash $108 Billion in Reserves Cut for Some Banks
The required reserve ratio for some banks will drop by 0.5 percentage point, effective July 5, the People’s Bank of China said on its website Sunday. The aim is to support small and micro enterprises,…
How luxury brands use four social media apps in China to reach consumers who shop mostly online
WeChat and Weibo dominate China’s social media scene. But just as there’s more to e-commerce than Taobao and JD.com, China’s leading social media platforms are only part of the story. The digital environment in a…
Cruelty-Free Beauty Brands Are Finding Ways to Get Around China’s Animal-Testing Policies
Aishwarya, a freelance writer and marketing specialist has worked for brands around the world. A trained artist and traveler at heart, she particularly enjoys working on projects related to travel, art and design. In her…
How Isobar helped turn KFC China from a fried chicken business into a tech brand
KFC arrived in China in 1987, when Western-style fast food restaurants were a novelty in the country. Fast forward to April 2015, and the brand’s longevity had become a problem. “They started losing their young…
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