China’s central bank injected 900 billion yuan ($124.3 billion) into the banking system on Monday via one-year policy loans, as local governments step up selling bonds to ease debt burdens. The People …
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China central bank injects $124 billion into banking system via one-year policy loans
Why a trade war with Trump threatens China’s ruin
Understanding how China’s economy really works is difficult at the best of times. Its statistics agencies do not regularly publish data on things like local employment and, when they do, observers are …
‘Key to China winning future wars’: Beijing unveils new stealth technology
A new breakthrough in stealth technology from China promises to challenge existing limits. Could this innovation become the key to dominance in future conflicts?
China and EU are not adversaries, says Chinese foreign minister
China and the European Union are partners rather than adversaries, Chinese Foreign Minister Wang Yi said on Monday, calling on the two sides to think from each other’s perspective and seek cooperation.
China conducts 900-billion-yuan MLF operation to sustain banking liquidity
BEIJING – China’s central bank on Monday conducted a 900-billion-yuan ($125.14 billion) medium-term lending facility (MLF) operation to maintain reasonable and ample liquidity in the country’s banking system.
Bessent at Treasury May Give China Breathing Room Over Tariffs
President-elect Donald Trump’s pick of Scott Bessent as Treasury secretary may give Beijing room to negotiate with the US over their trade tensions, in part due to his moderate stance on tariffs.
China Unicom Beijing, Huawei deploy large-scale 5G-Advanced intelligent network
Wireless operator China Unicom Beijing and equipment provider Huawei have deployed what they claim is the world’s first large-scale integrated 5G-Advanced intelligent network. According to Huawei, the …
Apple Chief Tim Cook Returns To China As Beijing Prepares To Fete CEOs
Apple Inc. Chief Executive Officer Tim Cook is visiting China for at least the third time this year, showing up at a suppliers’ conference on the same day a top Beijing official convened an important…
China issues extra crude oil import quota to independent refineries, sources say
China has issued an additional crude oil import quota of at least 5.84 million metric tons (116,800 barrels per day) to independent refiners for cargoes arriving by end-2024 and in early 2025, people …
China c.bank injects $124 bln into banking system via one-year policy loans
China’s central bank injected 900 billion yuan ($124.3 billion) into the banking system on Monday via one-year policy loans, as local governments step up selling bonds to ease debt burdens.
China zeroes in on investigating ‘common disputes’ as it reels through spates of ‘revenge crimes’
China’s justice ministry announced that they will be actively probing local disputes after the country witnessed several violent incidents such as mass stabbings and car rammings in multiple cities …
China’s central bank keeps medium-term loan rate unchanged amid yuan weakness
The yuan has come under pressure following Donald Trump’s victory in the U.S. presidential election. Wang Tao, chief China economist at UBS Investment Bank, estimates the MLF to remain at 2.0% this …
Chinese startups suffer as IPO freeze prompts investors to exercise redemption rights
IPO freeze, economic issues lead to rise in redemption requests … “If it hadn’t been for the three-year pandemic, we might really be on the Beijing Stock Exchange by now,” Ma said. A slump in…
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