People’s Bank of China governor Pan Gongsheng announced a cut to the amount of money banks must hold in reserve, taking it to the lowest level since 2020.
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China Is Striking Deals to Cement Its Role as Asia’s Trade Hub
Beijing’s leaders are working with regional neighbors on the country’s western, northern and southern borders to develop new rail and sea links.
Stock Market Today: Asian Shares Gain as China Eases Rates to Aid Property Industry
Asian shares have advanced, with Chinese markets logging the biggest gains after the central bank announced a slew of measures to support the economy
Advanced technology, high-end equipment shine at China Transpo
[Photo/VCG] Hosted by the Ministry of Transport, the 16th International Exhibition on Transport Technology and Equipment, known as China Transpo, kicked off at Shougang Park, Shijiangshan district in Beijing on Sunday. The three-day expo focuses…
China Central Bank Takes More Steps to Boost Flagging Economy
The People’s Bank of China took more steps to boost its flagging economy, after a slew of downbeat indicators recently sparked concerns that Beijing’s official annual growth target of around 5% might be out of…
China’s central bank unveils broad easing measures to revive economy
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.
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.
Shenzhen stabbing: boy’s death sparks anger in Japan over China’s ‘anti-Japanese’ education
Editorials, analysts say the Chinese government’s policies have contributed to rising xenophobia and violence targeting Japanese nationals.
Beijing unveils fresh stimulus to boost economy
China’s central bank on Tuesday unveiled a raft of measures to boost the country’s economy, cutting the amount of cash banks must hold in reserve
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.