It has even censored bad economic news. On Sunday, Beijing went one step further. The People’s Bank of China, the country’s central bank, pulled a financial lever that will effectively pump $174 billi… ( read…
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China to Pump $174 Billion Into Its Economy as Slowdown and Trade War Loom
China slashes banks’ reserve requirements as trade war imperils growth
BEIJING (Reuters) – China’s central bank on Sunday announced a steep cut in the level of cash that banks must hold as reserves, stepping up moves to lower financing costs and spur growth amid concerns…
The humbling of Fan Bingbing is a warning shot from China to anyone who thinks they can defy them
China’s message is that “nobody is too high, nobody is above, nobody can escape government scrutiny,” Wye told Business Insider. He said that Fan’s humbling is “partly a periodic [drive] to crack down … (…
China central bank cuts reserve requirement ratio by 1 basis point
BEIJING (Reuters) — China’s central bank on Sunday cut some banks’ reserve requirement ratio by 1 basis point to inject an additional 750 billion yuan ($109.2 billion) into the banking system. ( read original story…
China Slashes Banks’ Reserve Requirements As Trade War Hits Growth
China’s central bank on Sunday announced a steep cut in the level of cash that banks must hold as reserves, stepping up moves to lower financing costs and spur growth amid concerns over the economic…
China Foreign-Currency Reserves Drop on Trade Tensions, Yuan
(Bloomberg) — China’s foreign-currency holdings fell in September, as heightened trade tensions with the U.S. fueled concerns of capital outflow and further yuan depreciation. Reserves declined by $2… ( read original story …)
China slashes banks’ reserve requirements to spur growth
BEIJING (Reuters) – China’s central bank said on Sunday it would cut the amount of cash that most banks must hold as reserves to lower financing costs and spur growth, amid concerns over a ……
China orders more lending to entrepreneurs amid trade spat
It said the money was for small enterprises — the official term for private companies that generate China’s new jobs and wealth. The dispute with the U.S. is adding to downward pressure on an ……
China respects others’ trade secrets — unless it wants something, experts say
China stands accused of rampant theft of foreign intellectual property by the United States and others and legal experts say the country wields its legal system to get what it wants. China denies the ……
China cuts some banks’ reserve requirements to spur growth
BEIJING (Reuters) – China’s central bank said on Sunday it would cut the amount of cash that some banks must hold as reserve to lower financing costs and spur growth in the world’s second ……
‘Stay away from China,’ White House top economist tells U.S. businesses
“If I were a business, I would basically just stay away from China right now. Their misbehavior is so terrible.” Kevin Hassett, chairman of the Council of Economic Advisers said on Yahoo Finance’s Mar… (…
The Trump administration just escalated its high-stakes competition with China
The administration’s clearest and most comprehensive broadside on China yet followed what one official called “thousands of hours” of study and planning. It will involve agencies across the U.S. gover… ( read original story …)
China backs Financial Times Hong Kong editor’s visa denial
HONG KONG — China is defending its decision to refuse to renew the work visa of a Financial Times editor in Hong Kong. The case has drawn concern over the shrinking space for free speech…
