Headquarters of the People’s Bank of China (PBOC), the central bank, is pictured in Beijing. [Photo/IC] BEIJING — China’s central bank said on Monday that it will lower the collateral requirement for …
Featured Posts Title
China underground church pastors arrested, face up to 3 years in jail, NGO head says
Missouri wants to seize Chinese assets to recover $24 billion judgment in COVID case
Missouri seeks federal help in pressing China for $25 billion in COVID damages
How China-linked hackers co-opted Anthropic’s Claude
UBTech’s 2026 humanoid robot output to grow 10-fold as costs plunge with scale economics
China formally arrests 18 leaders of underground Zion Church amid religious crackdown
Xi Jinping Issues New Instruction on Rule of Law in China
Recent Posts
China’s central bank lowers collateral requirement for medium-term lending facility
Xi Vows to Rewire China’s Finances, Help Indebted Regions
China’s top leader mapped out measures for fixing the debt … both issues by incentivizing officials to lift consumer spending and offering them a new finance stream. Slapping additional taxes on …
Beijing, Manila reach arrangement for supplies to illegal Philippine vessel
Beijing and Manila reached a provisional arrangement on the humanitarian resupply of living necessities to an illegally grounded Philippine vessel, as the two sides had a series of consultation on managing the situation at Ren’ai…
China surprises with cuts to key rates to support weak economy
China surprised markets by lowering a key short-term policy rate and its benchmark lending rates on Monday, in efforts to boost growth in the world’s second-largest economy. The cuts come after China …
China’s Philippines embassy demands answers for propaganda against COVID vaccine
The Chinese embassy in the Philippines said on Monday the United States should give an explanation to the Filipino people as soon as possible for its false propaganda against China’s COVID-19 vaccine.
China lowers lending benchmarks after PBOC’s surprise rate cut
China cut benchmark lending rates at a monthly fixing on Monday, after the central bank surprised the markets by lowering a key short-term policy rate earlier in the session. The one-year loan prime …
China, Philippines agree on ‘provisional arrangement’ for South China Sea resupply missions, Manila says
The Philippines and China have “reached an understanding on the provisional arrangement” for resupply missions to a beached Filipino naval ship in the South China Sea, Manila’s foreign ministry said …
China central bank says cuts two key rates to support economy
China’s central bank on Monday cut two benchmark interest rates in a bid to boost lagging growth in the world’s second-largest economy.
China Vows to Accelerate New Affordable-Housing Model
China’s ruling Communist Party pledged to accelerate a new housing model that emphasizes renting and ramps up affordable homes, following a record property slump.
Mystery Bond Buyer Clears China Developer’s Debt at 90% Discount
The source of the money is shrouded in mystery. But a major Chinese real estate developer appears to be trying a novel approach to resolving its debt: it is working with a buyer to purchase…
China’s third plenum holds out hope for debt-hit local governments with funding reform
China to aim for ‘clear division’ of central-local responsibilities and coordinated finances, full text of third plenum decisions shows.
China dominates global automobile exports in 2023 as EV demand surges, says DIGITIMES Research
China’s automobile exports have shown significant growth in recent years, with the export volume reaching 5.22 million units in 2023, nearly 800,000 more than Japan’s, making China the world’s largest …
China central bank cuts short-term policy rate
SHANGHAI (Reuters) – China’s central bank said on Monday it would cut the policy interest rate on seven-day reverse purchase agreements, known as reverse repos, to 1.7% from 1.8%. The People’s Bank of China said…
