Six of China’s biggest banks said they would tweak interest rates on mortgages for existing home loans following a request to lower them from Beijing’s central bank, state media said
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VP of China-based AIIB says bank has proven doubters ‘100% wrong’
With 110 member states and years of experience, AIIB vice-president says Beijing-based development bank a model for multilateralism.
China’s $114 billion stimulus package immediately boosted its stock market. But can it last?
China’s $114 billion stimulus has some investors excited, but it’s lacking support for the country’s discouraged consumers.
China’s biggest banks say they will tweak mortgage rates as Beijing seeks to boost housing market
Six of China’s biggest banks said they would tweak interest rates on mortgages for existing home loans following a request from Beijing’s central bank.
China’s Central Bank Buys 200 Billion Yuan of Sovereign Bonds in September
SHANGHAI (Reuters) – The Chinese central bank said on Monday it had bought 200 billion yuan ($28.52 billion) of the country’s government bonds in open-market operations in September.
Ford, GM Stocks fall 3% After Jeep Maker Stellantis Warns About China Competition
Ford and General Motors stock fell after rival car maker Stellantis revised down its 2024 financial guidance, citing deteriorating industry dynamics and Chinese competition. Ford shares fell 3.3% to …
Beijing’s Stimulus Blitz Sends China Stocks Skyrocketing: Is the Rally Just Beginning?
Beijing’s sweeping economic stimulus has sparked a powerful rally in Chinese stocks, sending the market soaring to levels not seen in nearly a decade. On September 30, the benchmark CSI 300 Index …
China’s Ex-Finance Deputy Urges Xi Jinping Government To Study Cryptocurrencies In Light Of ‘Latest International Changes And Policy Adjustments
In an intriguing development, Zhu Guangyao, China’s former Vice Minister of Finance, has called on the Xi Jinping administration to delve deeper into the study of cryptocurrencies, emphasizing the …
China’s Ex-Finance Deputy Urges Xi Jinping Government To Study Cryptocurrencies In Light Of ‘Latest International Changes And Policy Adjustments
In an intriguing development, Zhu Guangyao, China’s former Vice Minister of Finance, has called on the Xi Jinping administration to delve deeper into the study of cryptocurrencies, emphasizing the …
China’s central bank buys 200 bln yuan of sovereign bonds in September
The Chinese central bank said on Monday it had bought 200 billion yuan ($28.52 billion) of the country’s government bonds in open-market operations in.
China’s Former Finance Minister Urges Caution on Cryptocurrency Development
At the recent 2024 Tsinghua Wudaokou Chief Economists Forum in Beijing, Lou Jiwei-former finance minister of China calls for caution to be taken regarding cryptocurrency development.
China’s Weak Factory Activity Shows Urgency of Stimulus Push
China’s factory activity continued to contract while the services sector slowed in September, as policymakers prepared an emergency stimulus blitz to revive an economy facing challenges across the …
China’s vice finance minister meets with PWC global chair
China’s Vice Finance Minister Guo Tingting met with PWC global chair Mohamed Kande in Beijing on Sept. 19, the ministry said in a statement on Monday.Guo affirmed PWC’s attitude of respecting …
