With the Chinese economy struggling, the People’s Bank of China (PBOC) has unleashed a plethora of tools aimed at stimulating the economy.
Featured Posts Title
China was the birthplace of recreational drones. Now you can’t buy one in Beijing
Beijing backs Cuba, Brazil slams BYD slave labour conditions: Latin America relations reads
Why Beijing now wants its spies executed in Taiwan to come in from decades in the cold
China has now dropped tariffs on imports from every African country except one
Facebook Fight Shows Beijing Determined To Keep Chinese AI Out Of US
Beijing’s Drone Ban Goes Into Effect Today: A New Model for Urban UAV Control
The Battle for Truth: How Beijing Rewrote the COVID-19 Narrative
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More China Stimulus And A Looming Port Strike
After Minimum Import Price (MIP), govt issues Quality Control Order (QCO) to curb imports of cheap, sub-standard screws
The Union Government has taken a fresh initiative to curb the import of cheap and substandard screws by issuing a Quality Control Order (QCO), outlining 14 Indian standards for screws. Under this …
China sets two World records with stunning display of 10,197 drones in Shenzhen
Just weeks earlier, China had also set a world record with a similar display of 7,598 drones over the Yanbian Korean Autonomous Prefecture in celebration of its 72nd anniversary. The event formed intricate images in…
Tennis Briefing: Six Kings Slam trailer, Naomi Osaka and Coco Gauff meet in Beijing
The Saudi Arabian exhibition event featuring Alcaraz, Sinner, Nadal, and Djokovic is the latest in the country’s incursion into tennis
China’s biggest banks say they will tweak mortgage rates as Beijing seeks to boost housing market
Six of China’s biggest banks said they would tweak interest rates on mortgages for existing home loans following a request from Beijing’s central bank.
China’s Central Bank Buys 200 Billion Yuan of Sovereign Bonds in September
SHANGHAI (Reuters) – The Chinese central bank said on Monday it had bought 200 billion yuan ($28.52 billion) of the country’s government bonds in open-market operations in September.
Ford, GM Stocks fall 3% After Jeep Maker Stellantis Warns About China Competition
Ford and General Motors stock fell after rival car maker Stellantis revised down its 2024 financial guidance, citing deteriorating industry dynamics and Chinese competition. Ford shares fell 3.3% to …
Beijing’s Stimulus Blitz Sends China Stocks Skyrocketing: Is the Rally Just Beginning?
Beijing’s sweeping economic stimulus has sparked a powerful rally in Chinese stocks, sending the market soaring to levels not seen in nearly a decade. On September 30, the benchmark CSI 300 Index …
China’s Ex-Finance Deputy Urges Xi Jinping Government To Study Cryptocurrencies In Light Of ‘Latest International Changes And Policy Adjustments
In an intriguing development, Zhu Guangyao, China’s former Vice Minister of Finance, has called on the Xi Jinping administration to delve deeper into the study of cryptocurrencies, emphasizing the …
China’s grip on key tech materials exposes risks of Western dependence
Gallium and germanium, indispensable for advanced Western technologies, are largely sourced from China. Beijing’s imposition of export controls on these elements has made Western firms nervous – as …
China’s Ex-Finance Deputy Urges Xi Jinping Government To Study Cryptocurrencies In Light Of ‘Latest International Changes And Policy Adjustments
In an intriguing development, Zhu Guangyao, China’s former Vice Minister of Finance, has called on the Xi Jinping administration to delve deeper into the study of cryptocurrencies, emphasizing the …
China’s central bank buys 200 bln yuan of sovereign bonds in September
The Chinese central bank said on Monday it had bought 200 billion yuan ($28.52 billion) of the country’s government bonds in open-market operations in.
The $1,000 ‘Micro’ Handbags Luxury Brands Are Pinning Their Hopes On
To spot a potential comeback story in the luxury goods industry, look for the brand with the smallest handbags.Luxury companies have a lot riding on the “super mini” purses and $1,200 wallets on a …