China’s central bank says lending activity in the country was solid last month, although the total value of issued loans dropped from January’s highs despite Beijing’s efforts to encourage official le… ( read original story…
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Trump confirms delay of Xi meeting in Beijing as China ‘maintains communication.’
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Olympic champion swimmer Cameron McEvoy breaks the 50-meter freestyle world record
NIH hosts lecture making the case that COVID-19 came from a Chinese lab
Recent Posts
China’s Social Financing Up, Overall Loans Fall Ahead of Looming Stimulus
China’s leaders talk more openly about growth risks
“Domestically, we are facing many financial risks.” Mr Yi, the governor of the People’s Bank of China, said China’s prudent monetary policies were unchanged despite the absence of the word “neutral” f… ( read original…
China mulls reprieve for some shadow bankers to stop fall in growth
China might allow a return of some shadow banking operations as long as their lending “benefits the real economy” and does not support speculation, according to a senior banking regulator. The move co… ( read…
China central bank pledges more policy support as bank lending slides
BEIJING (Reuters) – China’s central bank on Sunday pledged to further support the slowing economy by spurring loans and lowering borrowing costs, following data that showed a sharp drop in February’s … ( read original…
China will not devalue renminbi to spur exports: central bank chief
China has gone to great lengths to support its currency and would not devalue the renminbi to spur exports or combat trade frictions, the governor of the central bank said Sunday. Speaking on the ……
U.S., China Have Reached Consensus on Many Vital Issues, Yi Says
(Bloomberg) — China and the U.S. have reached consensus on many “crucial” issues and and have discussed the need to observe the “autonomy” of each other’s monetary policy, People’s Bank of China Gove… ( read…
Beijing ‘won’t allow Taiwan reunification to be postponed indefinitely’
Beijing will not put off reunification with Taiwan forever but it hopes to bring the self-ruled island back into the China fold through peaceful means, according to a National People’s Congress delega… ( read original…
China banking regulators tell banks to boost support for rural economies
BEIJING, March 10 (Reuters) – China’s banking and insurance regulators have issued a notice to commercial banks to boost financial support for the country’s rural areas. In a notice issued on March 8, … (…
Adding Value to Nigeria-China Currency Swap Deal
For its special link to the Industrial and Commercial Bank of China (ICBC), Stanbic IBTC was chosen to lead the line with Zenith Bank, First Bank, and Standard Chartered Bank in the $2.5 billion curre……
China c.bank has exited from FX market intervention
BEIJING, March 10 (Reuters) – China’s central bank has basically exited from regular intervention on foreign exchange, and the yuan exchange rate is not a major concern when deciding monetary policy, … ( read original…
Build stronger securities brokers for financial security: CPPCC member
He told China.org.cn that securities brokers play an important role in minimizing financial risk and stabilizing the market during times of economic wavering. During China’s continual market fluctuati… ( read original story …)
China’s Yi: Envoys discussed avoiding currency as trade tool
He spoke at a news conference during the annual meeting of China’s ceremonial legislature. Yi took part in the latest round of talks in Washington, along with China’s economy czar, Vice Premier Liu He ……
Drafting of property tax law ‘steadily advancing’: China
(MENAFN – Gulf Times) Work on a draft property tax in China is ‘steadily advancing and it will be submitted for review when conditions are right, senior Chinese parliamentary officials said yesterday. ( read original…
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