The Chinese government supports Shanghai’s Pudong New District to develop yuan offshore trading on the condition that related risks are controllable, Xinhua reports, citing guidelines issued by the …
Tagged By banking
China’s slowing economic growth signals fiscal spending could continue into second half of year
China is likely to stay on course with fiscal spending to shore up its slowing economy, analysts say, after a solid second-quarter economic performance did little to assuage concerns about a bumpy …
China warns of economic uncertainty despite moderate recovery in Q2
The pace of China’s economic recovery rose modestly in the second quarter after signs of sluggishness in the world’s second-biggest economy stoked expectations of greater policy support. On a …
China Says U.S. and Beijing Should Try to Implement Phase 1 Trade Deal – Ministry
China and the United States should work together to create the atmosphere and conditions to push for the implementation of the Phase 1 trade deal, Gao Feng, spokesman for China’s commerce ministry, …
China’s share of bitcoin mining slumped even before Beijing crackdown, research shows
China’s share of global bitcoin production power fell sharply even before a recent crackdown by its authorities on cryptocurrency mining, research by the University of Cambridge showed on Thursday.
China’s economic recovery loses some steam, investors eye more policy easing
China’s economy grew more slowly than expected in the second quarter, as slowing manufacturing activity, higher raw material costs and new COVID-19 outbreaks weighed on the recovery momentum. Gross …
China weighs risk and reward in a Taliban-led Afghanistan
China abhors a power vacuum, especially on its borders, and maintaining stability after decades of war in its western neighbour will be Beijing’s paramount consideration if the Taliban return to power …
China central bank partially rolls over maturing medium term loans, rate unchanged
China’s central bank partially rolled over maturing medium-term loans on Thursday, the same day as a cut in the banks’ reserve requirements takes effect. The People’s Bank of China (PBOC) said in a …
GLOBAL MARKETS-Asian shares advance as China data better than feared
Asian shares advanced on Thursday as economic data from China was largely more resilient than expected, and as U.S. Federal Reserve Chair Jerome Powell said tapering of its massive stimulus was still …
China’s economic recovery is flashing some warning signs
By Laura He, CNN Business China is releasing its latest quarterly economic growth figures on Thursday, offering clues about how the world’s second largest economy is continuing to recover from the …
China central bank injects 100 billion yuan worth of medium term loans, rate unchanged
China’s central bank partially rolled over maturing medium-term loans on Thursday, the same day when a cut in the banks’ reserve requirements takes effect. The People’s Bank of China (PBOC) said in …
China Stock Market Waiting On GDP Data
The China stock market on Wednesday snapped the two-day winning streak in which it had gathered more than 40 points or 1.2 percent.
Green finance high on China’s agenda to achieve carbon neutrality
Dancers perform at the opening ceremony of Eco Forum Global Guiyang 2021 in Guiyang, capital of southwest China’s Guizhou Province, on July 12 (XINHUA) The Jianjiang River, the local “mother river” …
