BEIJING, Sept. 4 (Xinhua) — China’s central bank conducted 12 billion yuan (about 1.67 billion U.S. dollars) of seven-day reverse repos at an interest rate of 1.8 percent Monday. The move aims to …
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China’s central bank conducts 12-bln-yuan reverse repos
Local Chinese court argues cryptocurrency is property despite Beijing’s crackdown
Crypto property rights should be protected except when the virtual asset is used for crimes or was acquired through a crime, the court argued In Hong Kong, a landmark ruling earlier this year …
Electric Cars Power China’s Economic Hopes as Internet Titans Take a Back Seat
Investors and talent pile into China’s EV and battery industries that are increasingly engines of country’s growth.
China’s state planner to set up special bureau to support private economy
China’s central government has approved setting up a special bureau within the National Development and Reform Commission (NDRC) to promote the development and growth of the private economy, the NDRC said on Monday.
China’s NDRC to Establish a Department for Developing Private Economy
Since July, Beijing has rolled out a cascade of policy packages to boost China’s ailing private businesses, pledging more financial support and legal protection. However, it has failed to prop up weakening business confidence, as…
Beijing exchange share index jumps after reform measures
The Beijing Stock Exchange 50 Index opened up 3.6% on Monday, after China’s stock regulator introduced reform measures to improve the share market.
ASX 200, Nikkei 225, Hang Seng Index: Beijing’s Stimulus Bets and the Fed’s Next Move
Despite the Friday loss, the ASX 200 ended the week up 2.29% on Beijing stimulus measures. The big-found and mining stocks were a drag. Westpac Banking Corp (WBC) and The Commonwealth Bank of …
China’s economy has entered ‘new new normal’, leading policy adviser warns in call for systemic reform
More than 14 per cent of China’s population is aged 65 and above, posing a severe challenge to an economy struggling to regain post-Covid confidence Labour force will struggle to match structural …
China adds 15 million tons to 2023 fuel-export quotas in third batch
China has issued 15 million metric tons of oil products export quotas to companies in its third batch for 2023, according to three trading sources and two domestic consultancies.
Firms listed on Shenzhen bourse report revenue, profit growth
A staff member walks past the Shenzhen Stock Exchange in Shenzhen, south China’s Guangdong Province, Sept. 21, 2020. [Photo/Xinhua] Firms listed on the Shenzhen Stock Exchange (SSE) reported growth in …
Oil rises on China, U.S. economic data and OPEC+ cut expectations
China’s manufacturing activity unexpectedly expanded in August, leading to renewed optimism about the economic health of the world’s largest oil importer.
Xi Jinping puts China’s security ahead of tackling its economic woes
China’s complex economic problems, including property sector turmoil, rising local government debt and soft consumption, have sparked calls for Xi Jinping to unleash billions of dollars to shore up spending, arrest a slide into deflation…
Cutting-edge technologies attract visitors at 2023 CIFTIS in Beijing
During the event, cutting-edge technologies have attracted the eyes of visitors. (Xinhua/Ren Chao) This photo shows a self-driving vehicle on display during the 2023 China International Fair for Trade …
