China cut the amount of cash banks must keep in reserve Friday, in a bid to free up money for financial institutions and bolster their efforts to boost the nation’s slowing economy. The People’s Bank…
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China Cuts Key Rate, Frees Up Cash for Banks to Spur Growth
China cuts banks’ reserve ratio as economic growth sputters
China’s central bank said on Friday it would cut the amount of cash that banks must hold as reserves by 50 basis points, the second reduction this year aimed at bolstering faltering economic growth.
Australia and China agree to cooperate further on investment, trade
Australia and China agreed to cooperate further on investment, trade and decarbonisation, Australia Treasurer Jim Chalmers said on Friday during a visit to the country. “We will host counterparts next …
Shenzhen FC official given two-match stadium ban
An official from the Chinese Super League (CSL) club Shenzhen Peng City has been given a two-match stadium ban for having sabotaged dressing room facilities after a CSL game, the Chinese Football …
Column-China’s FX conundrum mutes stimulus optimism: McGeever
It’s safe to say that the timing and scale of the stimulus measures unleashed by China this week were, in large part, prompted by the U.S. Federal Reserve’s jumbo-sized interest rate cut only a few…
David Tepper Buys ‘Everything’ China-Related on Beijing Easing
(Bloomberg) — Billionaire investor David Tepper is buying more of “everything” related to China after Beijing rolled out sweeping stimulus measures that exceeded expectations. Most Read from …
China ETFs set for best week on record after Beijing fires policy ‘bazooka’ to boost economy. Is it time to jump in?
China ETFs have surged on the back of a blitz of stimulus measures by the country’s government to revive the world’s second-largest economy.
China’s new nuclear sub sinks at shipyard — suggesting Beijing is in over its head
This incident may be a sign of moving too fast, that the PLA-Navy is working hard to catch up to US nuclear submarine capabilities,” said the former commander of America’s carrier
Humanoid Robots Are the Next Threat From China
D2. Xi Jinping has a less benign idea.
China stimulus might be the start of something really good: Gary Kaltbaum
Kaltbaum Capital Management President Gary Kaltbaum discusses China’s stimulus measures and reveals which technology stocks he’s buying on ‘Making Money.’
Arnault Wins Big on China Stimulus With $17 Billion Wealth Surge
Bernard Arnault entered Thursday having lost more wealth this year than any other billionaire, with his luxury-goods fortune slumping by $24 billion.
Two execs of China-based chipmaking tools producer resign to meet U.S. requirements
Ni Tuqiang, vice general manager at AMEC, and Yang Wei, core technical staff, recently resigned from their positions at the company ‘for personal reasons.’ Both execs have U.S. ci …
China Embarrassed When Brand-New Secret Nuclear Submarine Instantly Sinks
Secret Sub Amid ongoing competition with the United States, China experienced a major setback earlier this year when its secret nuclear submarine sank right after being launched. As the Wall Street Journal reports based on…
