China’s central bank announced broad monetary stimulus and property market support measures to revive an economy grappling with strong deflationary pressures and in danger of missing this year’s growth target.
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China unleashes stimulus blitz in push to hit annual growth goal
The central bank announced a cut to the amount of money banks must hold in reserve, taking it to the lowest level since at least 2020. It also cut a key policy rate.
China’s broad rate cuts: How investors are reacting
China’s central bank will cut banks’ reserve requirement ratio by 50 basis points and further reduce key interest rates to support a recovery in prices, its governor Pan Gongsheng said on Tuesday.
China’s central bank reduces required reserves for lenders, part of a slew of moves to support the slowing economy
China’s central bank reduces required reserves for lenders, part of a slew of moves to support the slowing economy …
China c.bank will cut banks’ reserve requirement ratio by 50 bps
China’s central bank will cut banks’ reserve requirement ratio by 50 basis points and further reduce key interest rates to support a recovery in prices, its governor Pan Gongsheng said on Tuesday.
China’s central bank chief set to hold press conference days after Fed rate cut
People’s Bank of China Governor Pan Gongsheng is set to speak to reporters Tuesday alongside two other financial regulator heads.
Analysis-China’s retirement age reforms not enough to fix pension headache
China’s move to raise retirement ages is a starting point to plug gaping pension deficits and bolster a shrinking workforce but more pain lies ahead as the economy slows, making further reforms urgent …
China can’t boost its economy because its macro policy is ‘too slow and reluctant,’ Goldman Sachs says
Weak retail sales and potential labor market pressures show China’s policy pushes haven’t acted quickly enough, according to Goldman Sachs analysts.
China’s Impromptu Press Briefing Call Fuels Stimulus Hopes
KEY TAKEAWAYS China announced plans for an ad-hoc press briefing tomorrow on the economy by its financial regulators, including its top central banker.The impromptu press conference is fueling …
China’s Impromptu Press Briefing Call Fuels Stimulus Hopes
KEY TAKEAWAYS China announced plans for an ad-hoc press briefing tomorrow on the economy by its financial regulators, including its top central banker.The impromptu press conference is fueling …
Citigroup’s China expansion plan reportedly ‘hit a roadblock’ with US regulators; Citi China declines to comment
VCG. US bank Citigroup Inc has been working to set up a standalone securities firm in China, but it “has hit a roadblock with US regulators after the Federal Res …
China’s failure to fire policy bazooka may keep markets in deep freeze: McGeever
China’s political and economic leadership are thought to have a keen sense of history, but Beijing’s tepid response to the unfolding property crash that’s strangling the country’s growth and spreading …
China stimulus hopes rise as PBoC cuts rate, flags briefing
The People’s Bank of China lowered the 14-day reverse repurchase rate, catching up with reductions initiated in July, and flagged further moves on Tuesday.
