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China’s Ant Group to close crowdfunded medical aid service
Ant Group announced it will shut down its online crowdfunded medical aid service Xianghubao on Jan. 28, a decision that comes at a time of tightening of financial technology regulations in China.Ant, …
China Central Bank to Roll Out Low-Cost Loans for Carbon Emission Cuts by Year-End
China’s central bank is expected to issue first batch of low-cost loans targeted at carbon emission reduction to financial institutions by year-end, state-owned Xinhua reported on Tuesday, citing an …
Central Bank governor says China about to issue low-cost loans for emissions cuts
China’s central bank will by the end of the month issue a first batch of low-cost loans to financial institutions to enable carbon emissions cuts, state-owned Xinhua reported on Tuesday, citing an …
China injects US$31 billion into financial system to alleviate rising liquidity pressure
Liquidity conditions in China tend to tighten toward the end of the year, as banks hoard cash to prepare for regulatory checks.
China Injects Most Cash in Two Months, Triggering Gains in Bonds
China boosted its injection of short-term cash into the banking system to the highest in two months, as demand for liquidity climbed before year-end. Government bonds gained.Most Read from …
China Injects Most Cash in Two Months as Demand for Funds Jumps
China boosted its injection of short-term cash into the banking system to the highest in two months, as demand for liquidity climbed before year-end. The People’s Bank of China (PBOC) added 200 …
Will India-China relations take a different turn in the coming year?
Will the new year bring in new dimensions to India-China relations? The two neighbours have not had the best of relations since the Galwan clash in 2020. But despite that bilateral trade between the …
China’s Monetary Policy to Stay Prudent, Flexible, Moderate Next Year, PBOC Says
Next year, China’s monetary policy will continue to be prudent as well as flexible and moderate, to protect against and resolve financial risks, the People’s Bank of China said at its annual work …
China’s Covid lockdowns are limiting its ability to support the rest of the region: Credit Suisse
Ray Farris of the investment bank discusses Asia’s economic outlook for 2022 and names the sectors in China that are likely to do well amid the easing of monetary policy.
China to dig into monetary policy toolbox to stabilise economy
China’s central bank vowed to take its share of responsibility to stabilise the macroeconomy and proactively introduce monetary policies that are conducive to economic stability. The People’s Bank of …
China stocks edge up on new energy gains, rising COVID cases weigh
SHANGHAI: China stocks inched up on Tuesday as gains in new energy companies and non-ferrous metal shares offset losses in the energy sector, while rising coronavirus cases in a local outbreak weighed …
China Injects Most Cash in Two Months as Demand for Fund Jumps
China boosted its injection of short-term cash into the banking system to the highest in two months, as demand for liquidity climbed before year-end.Most Read from BloombergCoronavirus Can Persist for …