BEIJING, March 26 (Xinhua) — The People’s Bank of China, the central bank, said it will conduct this year’s third central bank bills swap (CBS) operation on Friday to improve the liquidity of … (…
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China’s Central Bank Estimates Potential Growth of Under 6%
China’s central bank estimated the maximum the economy can expand without fueling inflation, known as the potential growth rate, is under 6% in the next five years. ( read original story …)
China sanctions Britons after EU move on Xinjiang
China has announced sanctions on British individuals and entities following the U.K.’s joining the EU and others in sanctioning Chinese officials accused of human rights abuses in the Xinjiang region … ( read original story…
China is set to lead recovery of East Asian and Pacific economies, says World Bank
China’s economy will expand by 8.1% in 2021, compared with 2.3% the previous year, predicted the World Bank. China’s growth will power a 7.4% expansion in the East Asian and Pacific region this year, ……
BRICS bank issues 5 billion yuan bond in China
The BRICS New Development Bank NDB announced Thursday that it issued a 5 billion yuan about 765 million US dollars bond in … ( read original story …)
China set to lead recovery of East Asian and Pacific economies: World Bank
China is expected to lead the recovery of East Asian and Pacific economies this year, but many nations will record sub-par growth as they struggle to emerge from the coronavirus pandemic, according to … (…
New signs show that China is cracking down on debt again
A first-quarter survey by the China Beige Book found that borrowing by state-owned enterprises dropped to the lowest in the study’s roughly 10-year history. ( read original story …)
China is leaving a huge economic void in Latin America. The U.S. should step in and fill it | Opinion
From Chilean copper to Argentinian soybeans to Brazilian iron ore, China continues to vacuum up Latin America’s natural resources. China was already South America’s top trading partner before the … ( read original story …)
Tencent’s Ma Grapples with $170 Billion China Threat
Beijing’s clampdown on its most powerful internet firms is clouding the prospects for Tencent Holdings Ltd. and its $120 billion financial services operation just as it’s casting around for new … ( read original story…
China proposes global rules for central bank digital currencies
China proposed a set of global rules for central bank digital currencies on Thursday, from how they can be used around the world to highly sensitive issues such as monitoring and information sharing. ( read…
China to introduce updated antimonopoly policies by September
China’s State Council on Thursday detailed its plan on the revised anti-monopoly policies in a document explaining the work division of the key tasks mentioned in the country’s annual government work … ( read original…
Origin Agritech and Beijing Dabeinong Technology Group Sign Collaboration Agreement
Origin Agritech Ltd. (NASDAQ: SEED) (the “Company” or “Origin”), an agriculture technology company, today announced that it has entered into a collaboration agreement with Beijing Dabeinong Technology … ( read original story …)
China central bank says to deepen exchange rate reform
China’s central bank on Thursday said it would deepen exchange rate reform and increase yuan exchange rate flexibility, as well as improve the green financial system in order to achieve carbon … ( read original…