China’s largest state-run banks lowered interest rates on deposits, reflecting a growing concern that the economy has not rebounded as strongly as expected.
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China property: with new round of stimulus on the horizon, analysts differ on extent of Beijing’s speculated rescue package
Beijing is expected to roll out a stimulus package for the property sector, after home prices and real estate investment began decelerating this quarter.
Meet the deep-pocketed climate nonprofit pushing gas stove ban with direct line to Biden admin, China links
The Climate Imperative Foundation hauls in massive amounts of anonymous donor cash and funnels it to far-left environmental initiatives, including in China.
China’s financial institutions see assets increase in Q1
China financial institutions saw expanded balance sheets by the end of the first quarter Q1 of 2023 official data showed Friday
Investors Channel Billions Into Emerging Markets, but China Drops Again-IIF
Foreign investors piling into Asian fixed income and stocks propelled emerging market portfolio inflows to $10.4 billion in May, offsetting Chinese bonds suffering a third straight month of outflows, …
Hong Kong’s era? Top finance officials flex city’s offshore yuan hub muscles at Caixin summit, Shanghai’s Lujiazui Forum
Hong Kong’s top finance officials have reiterated the city’s unique role as China’s offshore financial hub, saying the city can promote the yuan’s internationalisation at a time when tensions between …
China’s anti-corruption body expels ex-central bank deputy Fan Yifei from Communist Party for ‘serious violations’
Former People’s Bank of China deputy governor Fan Yifei is the most senior central banker sacked as part of Beijing’s anti-corruption campaign in the financial sector over the past two years …
China’s CPI expected to rise in H2: c.bank governor
China’s year-on-year consumer inflation is projected to rise gradually in the second half of the year while, mainly due to base effects, second quarter economic growth is expected to be high, …
China’s Central Bank Governor Reiterates Stable Policy Stance
China’s central bank will keep monetary policy targeted and ensure credit growth is stable, Governor Yi Gang said, keeping the policy stance largely unchanged despite rising calls for more stimulus.
China’s Second-Quarter GDP Growth Will Be ‘Relatively High,’ PBOC Gov Says
People’s Bank of China Gov. Yi Gang said the nation’s economic growth will be “relatively high” in the second quarter due to base effects and consumer inflation will pick up in the second half of…
China central bank’s ex-deputy governor found guilty of corruption
China said Friday a former deputy governor of its central bank has been found guilty of corruption, becoming the latest high-ranking official to face punishment in President Xi Jinping’s years-long …
Former China central bank vice governor expelled from CPC, office
Fan Yifei a former vice governor of the People Bank of China has been expelled from the Communist Party of China CPC and dismiss …
China’s May new yuan loans seen rebounding: Reuters poll
China’s new yuan loans are expected to have rebounded in May after a sharp drop in April, a Reuters poll showed, as the central bank keeps policy accommodative to support a fragile economic recovery.
