The People’s Bank of China, the country’s central bank, has announced that it will reduce the reserve requirement ratio (RRR) for banks. The reserve …
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China’s Wants a Shanghai Global Financial Hub
Carol Massar and Tim Stenovec bring together the latest news from the world of business and finance and the interesting stories.
WRAPUP 2-China condemns U.S. diplomatic boycott of Beijing Olympics
China on Tuesday accused the United States of betraying Olympic principles and said Washington will “pay a price” for its diplomatic boycott of the upcoming Winter Games in Beijing even as a top …
UPDATE 1-U.S. Congress includes $300 million for Ukraine, addresses China in massive defense bill
U.S. lawmakers included a range of efforts to push back against Russia and China in a massive annual defense bill released on Tuesday, including $300 million for Ukraine’s military and a statement of …
China hosts annual dialogue with global organizations
China has held its annual dialogue with six major economic and financial organizations, including the World Bank and the International Monetary Fund. Dubbed the “1+6” Roundtable, the session was led, …
On cusp of chancellery, Scholz warns Russia, goes softer on China
The incoming German leader wants to act ‘in the common interest of Europe need’ and stresses ‘cooperation’ with Beijing.
China Central Bank Cuts Rates on Relending Facility, Benchmark Cut Chances Seen as Low
China’s central bank will cut the rates on its relending facility by 25 basis points (bps) to support the rural sector and small firms, effective from Dec. 7, state-run Securities Times reported on …
GT Voice: Monetary policy choice shows China’s dynamism as US wilts
China’s central bank on Monday announced to cut the reserve requirement ratio (RRR) by 50 basis points for all financial institutions, while on the other side of the Pacific, the US Federal Reserve is …
China traders chase financial and property stocks on policy shift
Chinese financial and property names were the nation’s biggest stock beneficiaries after policy makers signaled their determination to shore up the economy.
China’s Largest Commercial GMP Plasmid Manufacturing Facility is Put into Operation, GenScript ProBio Expanding Manufacturing Capacity Again
On December 7th, the “Opening Ceremony of GenScript ProBio Plasmid Commercial GMP Manufacturing facility and Open Day” was rounded off. GenScript ProBio at the opening ceremony announced that the …
Beijing and HKSAR work together on green finance
Green finance may facilitate China in achieving a carbon peak by 2030 and carbon neutrality by 2060. Regulators and investors from Beijing and the Hong Kong Special Administrative Region (HKSAR) held …
Beijing leaves antitrust out of 2022 economic goals, focuses on technological development
A meeting of the Communist Party’s Politburo left out mentions of the ‘disorderly expansion of capital’ that last year signalled a widening tech crackdown The government continues to emphasise …
China Traders Chase Financial, Property Stocks on Policy Shift
Chinese financial and property names were the nation’s biggest stock beneficiaries on Tuesday after policy makers signaled their determination to shore up the economy.Most Read from BloombergSand and …
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