China’s steel industry has pushed back its timetable for reaching peak carbon, from 2025 to 2030, highlighting uncertainties over its ability to slash emissions in the longer term. On 7 February, …
Tagged By banking
China’s Leadership Sounds Alarm On Economy
We need to be highly vigilant for unexpected changes in the international and domestic situations, and downward economic pressure has further mounted,” China’s No 2 official told a symposium in …
China Central Bank Holds Back on Rate Cut With Focus Now on RRR
China’s central bank refrained from cutting interest rates and injecting liquidity into the economy on Friday, disappointing analysts who had expected more forceful action to cushion growth from …
China banking and insurance sectors’ bad-loan ratio was 1.79% at end-March: regulator
China’s top banking and insurance regulator said on Friday non-performing loans of the country’s banking and insurance industry totaled 3.7 trillion yuan ($580.54 billion) in the first quarter and the …
In an unexpected move, China holds back on cutting key rate
China’s central bank in a surprise move kept a key interest rate unchanged on Friday, despite expectations for more stimulus as Beijing grapples with a Covid surge.
China’s central bank adds liquidity via operations
China’s central bank on Friday added liquidity to the banking system through operations of medium-term lending facility (MLF) and reverse repos. The People’s Bank of China injected 150 billion yuan …
China PBOC Keeps Key Policy Interest Rates Unchanged in Surprise Move
China’s central bank kept its key policy interest rates unchanged, going against market expectations of a rate cut, to shore up the cooling economic growth amid the flare-up of Covid-19 outbreaks.
UPDATE 1-China keeps medium-term policy rate unchanged, but markets expect more easing
China’s central bank kept borrowing costs of its medium-term policy loan unchanged for the third straight month as expected on Friday, despite Beijing calling for more monetary stimulus to cushion an …
China’s central bank keeps medium-term policy rate unchanged
The People’s Bank of China (PBOC) said it was keeping the rate on 150 billion yuan ($23.52 billion) worth of one-year medium-term lending facility (MLF) loans to some financial institutions unchanged …
China Central Bank Unexpectedly Keeps Policy Rate Unchanged
(Bloomberg) — China’s central bank left a key policy rate unchanged, disappointing most economists who had expected a reduction to bolster the economy amid a worsening Covid outbreak. The People’s …
China c.bank keeps medium-term policy rate unchanged, matching expectations
China’s central bank kept the interest rate unchanged on Friday as it rolled over maturing medium-term policy loans, matching market expectations, despite Beijing calling for more monetary stimulus to …
Russia-Ukraine war, Covid-19 surge in China on IMF-World Bank agenda
A key global issue, cryptocurrency regulations, will not feature in the agenda and are unlikely to be discussed on the sidelines as well, Business Standard has learnt …
CX Daily: Four Things to Know About China’s Warning on NFT Financial Risks
Shanghai hosts many of China’s leading semiconductor manufacturers including the country’s largest chip foundry, Semiconductor Manufacturing International Corp. (SMIC). In 2021, integrated circuit …
