T he People’s Bank of China cut its seven-day reverse repurchase rate by 10 basis points from 2% to 1.9%, according to a central bank release, injecting 2 billion yuan ($279.97 million) through its …
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China’s central bank cuts short-term borrowing cost for first time since Aug
China’s central bank lowered a short-term lending rate for the first time in 10 months on Tuesday, in a bid to restore market confidence and prop up a stalling post-pandemic recovery in the world’s …
China’s Central Bank Cuts Key Policy Rate
The Chinese central bank’s move to cut a key policy rate may guide down benchmark lending rates.
China Cuts Short-Term Policy Rate as Recovery Weakens
China’s central bank unexpectedly cut its short-term policy interest rate, easing its monetary stance to help aid the economy’s recovery. Most Read from BloombergElizabeth Holmes Objects to …
China Bonds Rally With Analysts Seeing More Rate Cuts From PBOC
China’s sovereign bonds rallied, while its yuan weakened toward a closely watched-level after the central bank unexpectedly cut a policy rate. Property stocks also gained on hope of more stimulus.
China’s factory gate prices fell at fastest pace in 7 years in May: Report
China has been tackling a sharp decline in prices with factories getting less for their products from key overseas markets. The producer price index (PPI) for May reduced by 4.6 per cent, witnessing a …
China invests 7.3b yuan for work-relief programs in 2023
The work-relief programs are aimed at people in need, especially rural residents who have been lifted out of poverty, vulnerable individuals prone to return to poverty, and migrant workers returning …
Demand grows for Asian investment products that exclude China
Global fund managers say they are rushing to meet client demand for new Asian investment products that exclude China, as investor appetite for the region’s largest economy is hit by slowing growth and …
Hong Kong’s role as China’s only global financial hub must be cherished and protected
In the Global Financial Centres Index, Shanghai is ahead of Sydney, Seoul, Tokyo, Frankfurt and Mumbai, but still below New York, London, Singapore and Hong Kong Economic and trade power is not enough …
Billionaire Ray Dalio Issues Warning About Rise Of China, Why He Thinks U.S. Is On The ‘Brink Of War’
The Bridgewater founder tells the Forbes Iconoclast Summit that history points to a weakening of American influence.
Xi Jinping says Beijing will support Honduras’ economy while stressing ‘one-China principle’ as foundation for ties
China is determined to support Honduras’ economic growth, Chinese President Xi Jinping told his Honduran counterpart Xiomara Castro in their first meeting since the Central American country switched …
Microsoft’s Big Footprint In China Is Out Of Step With U.S. Security Concerns
The world’s biggest software provider is a major player in the Chinese market. That entails significant challenges for U.S. security.
China’s key joint-stock banks cut deposit rates
China’s key joint-stock banks have officially announced a reduction in renminbi deposit rates, with a 15 basis points cut for three-year and five-year deposits following the recent rates adjustment by …
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