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Tagged By banking
China to Give Cash Handouts for the Poor in Rare Use of Aid
China said it will give one-off cash handouts to people in extreme poverty before Tuesday, in a rare announcement of direct aid just a day after unveiling a sweeping program to stimulate the world’s second-largest…
China’s Central Bank Adds to Easing Blitz With Another Rate Cut
The People’s Bank of China delivered another policy rate cut, a day after announcing a slew of monetary easing measures to aid the economy amid concerns that Beijing’s annual growth target is increasingly out of…
What China’s biggest stimulus since the pandemic means for US investors: Morning Brief
China just unveiled a stimulus package to pull itself out of its economic doldrums. But there could be consequences that ripple across the globe.
China is raising its shockingly low retirement age for the first time since the 1950s — and residents are angry about it. Are American workers next?
Car insurance premiums in America are through the roof — and only getting worse. But 5 minutes could have you paying as little as $29/month; Commercial real estate has beaten th
China Announces Cash Handouts for the Poor in Rare Use of Aid
China said it will give one-off cash handouts to people in extreme poverty before Tuesday, in a rare announcement of direct aid just a day after unveiling a sweeping program to stimulate the world’s second-largest…
China’s monetary volleys miss key threat to economic growth
China’s central bank has shifted to a more aggressive easing stance, but its policy weapons don’t have the key enemy to economic growth in their line of sight: the persistently weak consumer demand.
Beijing is no longer hiding its panic about the state of its economy
The stimulus blitz announced on Tuesday is sparking market speculation that Beijing is panicking over the state of its economy.
Chinese homeowners cheer Beijing’s move to cut mortgage rates by a half point
Chinese homeowners struggling to repay their loans hailed Beijing’s decision to cut mortgage rates by a half point, though analysts and economists believe the move will fail to spark a broad economic …
Analysis-China’s Monetary Volleys Miss Key Threat to Economic Growth
BEIJING/HONG KONG (Reuters) – China’s central bank has shifted to a more aggressive easing stance, but its policy weapons don’t have the key enemy to economic growth in their line of sight: the persistently weak…
Beijing encourages investment in struggling start-ups, but are big banks ready?
Beijing’s encouragement for banks to boost investment in unlisted companies is a big move in the effort to support start-ups, analysts say.
China PBOC Cuts Key Policy Rate
China’s central bank cut a key policy rate just one day after announcing several monetary easing measures to boost lending amid concerns that Beijing might miss its official annual growth target this year.
China needs more than rate cuts to boost economic growth
More fiscal support is needed, analysts said, after the PBOC surprised markets by announcing plans to cut a number of rates.
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