China’s central bank plans to issue 5 billion yuan (about 783.7 million U.S. dollars) worth of bills in Hong Kong next Tuesday. The maturity of the fixed-rate bill is set at six months, or 182…
Tagged By banking
EDITORIAL: Central bank has bold moves in store
The central bank on Thursday announced that it would raise its benchmark discount rate by a larger-than-expected 25 basis points to 1.375 percent, effective on Friday, joining many of its global peers …
Global Times Investigates: China’s zero-COVID policy, flexible measures ensure minimum impact on supply chains
Concerns by some US media outlets over potential supply chain hiccups as a round of Omicron cases hit some of China’s major manufacturing and commercial cities are a testament to China’s prominence in …
Even Before The War, Washington Had Shown An Increasingly Anti-China Side
Even before questions over Russian sanctions had increased tensions between Washington and Beijing, Congress and the White House had edged toward more open economic warfare with China. Several bills …
China strives to win long-term battle against virus with more targeted measures
The daily tally of COVID-19 cases in China remained high over the weekend, with 3,803 infections being reported in the Chinese mainland on Sunday, involving 21 provincial-level localities. The Omicron …
China’s financial institutions’ assets up 8.1 pct in 2021
China financial institutions saw expanded balance sheets in 2021 according to official data The country financial institutions s …
China’s Time For Global Leadership
As the world’s second-largest economy with aspirations of national rejuvenation and global leadership – both elements central to the “Chinese Dream” long espoused by – China has two critical …
China to further improve REIT mechanism: regulator
BEIJING – China’s securities regulator said it will work with other government departments to further improve the mechanism on infrastructure real-estate investment trusts (REITs), as part of efforts …
Agricultural Bank of China ups support for major sectors
The Agricultural Bank of China one of the country largest commercial lenders has been increasing its financial support for the c …
Beijing Capitulates: Chinese Stocks Soar, Hong Kong Markets Jump By Most Ever After China Vows To Prop Up Markets
By Tyler Durden On Tuesday, we had a feeling that China would finally do something to arrest the collapse in its local stocks… … and little did we know that just a few hours later…
Why China can’t ride to Russia’s financial rescue
With reports that Russia asked China for armed drones last month to help its assault on Ukraine, many analysts are preoccupied with the idea that Beijing might come to Moscow’s rescue, militarily or …
China’s central bank encourages ‘controllable risks’ in fintech innovation in Alibaba’s home province of Zhejiang
A new government notice aims to improve financial services in an industry hit hard by China’s Big Tech crackdown over the past 16 months The central government has recently signalled renewed efforts …
China pledges financial support for common prosperity pilot in eastern Zhejiang
China has issued guidelines on financial support for a “common prosperity” pilot in the eastern Zhejiang province, the central bank and other authorities said on Friday.China said it will promote …
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