The People’s Bank of China will need to flexibly use monetary policy tools to ensure ample liquidity in the country’s banking system, a senior central bank official said.
Featured Posts Title
Shenzhen’s rapid rise offers good path to win trade, overseas markets
Trump confirms delay of Xi meeting in Beijing as China ‘maintains communication.’
China vows to continue opening its economy amid trade tensions with U.S.
Veteran of ‘iPhone City’ tapped as party boss of China’s Silicon Valley
Apple CEO Praises China Partners as Beijing Applies Pressure
‘It’s trade, tourism, trust’: Air China restarts direct Beijing–Delhi flight
Olympic champion swimmer Cameron McEvoy breaks the 50-meter freestyle world record
Recent Posts
China’s Central Bank Pledges to Flexibly Use RRR Cuts, Other Policy Tools
China’s central bank keeps RRR cuts on table, as investors eye more support for economy
China’s central bank will flexibly use policy tools to ensure reasonably ample liquidity in the banking system, an official said at a …
China lifts anti-dumping tariffs on Australian barley after three years, easing supply concerns
China was the indisputable top recipient of Ukrainian agricultural products — including about a quarter of outbound barley volume, according to United Nations data Thursday.
China to lift tariffs on Australian barley as trade ties improve
China’s Ministry of Commerce said on Friday it would drop anti-dumping and anti-subsidy tariffs on Australian barley imports that had been in place for three years affecting billions of dollars of …
Deadly flooding in China worsens as rescues continue and areas downriver brace for high water
Heavy rain and high water levels of China’s northeastern rivers are threatening cities downstream, prompting the evacuation of thousands.
China relaxes business visa rules in bid to further open borders
The Ministry of Public Security said it plans to implement the measures by end August. Read more at straitstimes.com.
2 U.S. Navy sailors charged with providing sensitive military information to China
The two U.S. sailors, both based in California, were charged with similar moves to provide sensitive intelligence to the Chinese.
China’s hospital ship visits Tonga amid growing competition in the Pacific
Thousands of Tongans visit military-run Peace Ark for free treatment as analyst criticises medical missions as ‘PR events’
China’s major telecom operators set up drone bases to help flood victims
Drone base stations have been put into use in Zhuozhou, Hebei province to ensure phone signals for local residents and rescuers as original signal sources had been affected by days of rainfall and …
China central bank says RRR cuts, other policy tools need to be used flexibly
RESERVE requirement ratio (RRR) cuts, open market operations and all structural monetary policy tools need to be used flexibly to ensure reasonably ample liquidity in the banking system, an official …
Gary Gensler to Focus on AI, ‘We Can Get to Crypto Later’
Crypto can wait as there’s a bigger fish to fry, US Securities and Exchange Commission’s (SEC) chairperson Gary Gensler recently said. Notably, the man leading the crypto crackdown in the US believes that artificial intelligence…
China crams for World Bank business survey
If there is one thing China takes seriously, it is a test. From the ancient keju civil service exam to today’s ultra-competitive gaokao university entrance exam, a high ranking has been vital to success.
Analysis: China’s stubborn savers risk precipitating liquidity trap
China’s consumers and companies are tying up trillions of yuan in longer-dated deposits with banks, effectively taking a vast pool of money out of circulation and risking the kind of liquidity trap that hobbled Japan’s…
ADVERTISEMENT
