Hong Kong seen as a top financing platform for the mainland’s ‘attracting foreign investment’ and ‘going global’ strategy, an NDRC official says.
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Would a 60% tariff on Chinese imports hurt China or the U.S. more?
President Joe Biden has been correct to focus on China as the main challenge to U.S. national security and prosperity. Trade is a key issue, and trade tariffs in particular will be a focus of…
China’s surprise rate cuts boost sentiment for now, managers say
In a joint press conference on Sept. 24 between the PBOC, the China Securities Regulatory Commission and the National Financial Regulatory Administration, China unveiled a slew of stimulus, including …
China central bank releases slate of support measures amid a deepening economic slump
China will cut the amount of cash banks need to have on hand, known as the reserve requirement ratio or RRR, by 50 basis points.
China moves to boost ailing economy with property, stimulus measures
The world’s second-largest economy has struggled to rebound from the pandemic, leading financial authorities to cut interest rates and support the property market.
China’s central bank unveils most aggressive stimulus since pandemic
China’s central bank on Tuesday unveiled its biggest stimulus since the pandemic to pull the economy out of its deflationary funk and back towards the government’s growth target, but analysts warned …
China Cuts Interest Rates and Mortgage Down Payments
The country’s central bank also freed commercial banks to lend more money in a package of moves aimed at rekindling growth in a stagnant economy.
Stocks rise as China announces economic stimulus package
Global markets rose in early trading today as China announced a stimulus program. China: stimulus program Chinese stocks rose sharply in trading today as the Central Bank of the Republic of China unveiled a wide-ranging…
China’s central bank announces measures to address weak economy
China’s central bank has announced far-reaching economic measures to address the country’s weakening economy. People’s Bank of China Governor Pan Gongsheng said the measures aim to lower interest …
China’s central bank cuts bank reserve rates, pledges other moves to help the economy
The Chinese central bank has reduced the amount of reserves banks are required to keep, among other moves it is rolling out to help revive the slowing economy …
China’s stock market soars on Tuesday, buoyed by new package of financial stimulus to stabilize economy
The moves are part of a broader effort to ensure the stable operation of China’s capital market, which will bolster the broader economy. Wu Qing, chairman of the China Securities Regulatory Commission (CSRC),
Five Key Takeaways as China Unveils Stimulus to Boost Economy
China unveiled more measures to boost its stuttering economy in a rare briefing by the head of the central bank, along with the securities and financial regulators. Here are the key takeaways from the …
US targets China’s rare earths dominance with minerals-security finance network
Move brings together banking and mining institutions from top minerals producer Australia as well as chip exporters Japan and South Korea.
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