China’s banks cut their main lending rates, in a well-telegraphed move, as policymakers intensify their efforts to boost the slowing economy. Find out more: …
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China’s central bank cuts key interest rates to record lows, aims to boost sluggish economy
China’s central bank on Monday announced cutting two key interest rates to historic lows, in what is seen as the latest move by Beijing to boost sluggish spending and kickstart the world’s …
China’s central bank to support qualified banks to join CIPS: deputy governor
The People’s Bank of China (PBC), the central bank, will support qualified banks from different jurisdictions in participating in the Cross-Border Interbank Payment System (CIPS) for the Chinese yuan, …
China Development Bank Former VP Given 12 Years in Jail, Fine for Bribery
BEIJING (Reuters) – The former vice president of China Development Bank (CDB) Wang Yongsheng has been sentenced to 12 years imprisonment and fined two million yuan ($280,000) for accepting bribes, …
China Cuts Benchmark Lending Rates
China’s commercial lenders cut their benchmark lending rates in a highly anticipated move as policymakers intensify efforts to boost the ailing economy.
China lowers interest rate more than forecasts
The People’s Bank of China has lowered its policy interest rate by 25 basis points to 3.1%, according to an official statement on Monday. Meanwhile, the market expectation was 3.15% for the one-year …
China’s first financial law platform released soon
China’s first online platform for searching overseas financial laws and regulations will open soon, in order to help build a sound business environment and promote high-level opening-up by the rule of …
China’s central bank cuts two key rates to boost economy
China’s central bank on Monday said it had cut two key interest rates to historic lows, in the latest move by Beijing to boost sluggish spending and kickstart the world’s second-largest economy. The …
China slashes key lending rates to bolster ailing economy
Beijing looks to boost sluggish spending in the world’s second-largest economy. Read more at straitstimes.com.
China slashes key lending rates to bolster ailing economy
Beijing looks to boost sluggish spending in the world’s second-largest economy. Read more at straitstimes.com.
Beijing urges HSBC to keep backing mainland China and Hong Kong’s development push
Xia Baolong, Beijing’s point man on Hong Kong affairs, issues call in meeting with HSBC Group chairman Mark Tucker in nation’s capital Beijing’s point man on Hong Kong affairs has met HSBC Group …
China Traders Bet PBOC Will Keep Yuan in Hand Even If Trump Wins
China’s domestic yuan traders appear to be more confident than their offshore counterparts that the currency’s turbulence will be contained around the US presidential election period.
China Traders Bet PBOC Will Keep Yuan in Hand Even If Trump Wins
China’s domestic yuan traders appear to be more confident than their offshore counterparts that the currency’s turbulence will be contained around the US presidential election period.
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