China has announced a barrage of measures meant to counter the blow to its economy from U.S. President Donald Trump ’s trade war, as the two sides prepare for talks later this week. Beijing’s central…
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China central bank will cut banks’ reserve requirement ratio, governor says
China’s central bank governor said on Wednesday the bank will cut the amount of cash that banks must hold as reserves by 50 basis points, the first reduction in 2025 as policymakers seek to boost…
China Lowers Rates and Makes Bank Lending Easier in Response to Tariffs
China’s central bank said Wednesday that it would cut interest rates and inject more liquidity into the financial system, seeking to bolster the economy in response to trade tensions with Washington.
China central bank eases policy ahead of US trade meeting
China’s central bank governor on Wednesday flagged interest rate cuts and a liquidity injection into the banking system, among other monetary policy easing measures aimed at mitigating the impact of a …
China to cut key lending rates by 10 points, bank reserve requirement ratio by 50 points
China will cut its key policy rate by 10 basis points and lower the reserve requirement ratio by 50 basis points.
China c.bank cuts 7-day reverse repo rate, effective May 8
China’s central bank said on Wednesday it would lower the borrowing cost of its seven-day reverse repurchase agreements, as Beijing stepped up monetary easing to support the broad economy in the face …
China to cut key rates by 10 points, bank reserve requirement by 50 points in bid to boost economy
China will cut its key policy rate by 10 basis points and lower the reserve requirement ratio by 50 basis points.
How ‘eating bitterness’ has pushed China’s enraged workers to the brink
Much of China’s apparent modernization benefits not its own people, but the rest of the world through subsidized exports — and Donald Trump’s tariffs are hitting workers hard.
China’s firm hand restores calm after Asia’s wild currency moves
China’s economic clout means yuan seen as anchor for currencies across the region. Read more at straitstimes.com. Read more at straitstimes.com.
China warns US tariff war ‘huge risk’ to world economy
BEIJING: China’s finance minister lashed out at US tariffs for bringing “unprecedented huge risks” to the global economy, according to an article published by his ministry on Tuesday (May 6). The worl …
China Plans Wednesday Briefing on Market Stabilization Measures
China’s central bank and financial regulators will hold a press briefing on Wednesday to discuss policies aimed at stabilizing markets, as the country’s economic outlook comes under increasing threat …
Protests erupt in China after furious workers demand back pay as Trump’s tariffs on imports jolt economy
Protests from furious factory workers in China demanding back pay are spreading across the country after President Trump’s tariffs on Chinese imports begin impacting the communist …
China’s yuan ends at six-month high as carry trades unwind
China’s yuan finished the domestic trading session at a six-month high against the dollar on Tuesday, underpinned by an unwinding of carry trades and a broader rush out of U.S. assets and back into …