China’s central bank kicked off two funding schemes on Friday, that will initially pump as much as 800 billion yuan ($112.38 billion) into the stock market through newly-created monetary policy tools.
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Stock market today: Asian shares gain as China releases plan for market support
Asian shares are higher after China’s central bank released plans for supporting stock markets through share repurchases.
China reports third-quarter GDP growth of 4.6%, slightly beating expectations
China’s National Bureau of Statistics on Friday reported third-quarter GDP growth of 4.6% year on year, slightly exceeding the 4.5% expected by economists polled by Reuters. Other data also released …
UK Foreign Secretary Lammy Says Engagement With China Is Necessary at Start of 2-Day Visit
Britain’s foreign secretary has called engagement with China “pragmatic and necessary” as he makes the first visit to the country by a Cabinet member from the Labor government that took control in Jul …
China’s economy grows at a 4.6% rate in the last quarter, below the official 5% target
China has reported that its economy expanded at a slower-than-expected rate of 4.6% in the July-September quarter …
‘Don’t want to have that experience again’: China says it prefers Kamala Harris over Trump as US president
Chinese advisor Jia Qingguo favors Kamala Harris over Donald Trump for the next US presidency, due to strained bilateral ties under Trump. He cites Harris’s continuity under Biden and a more stable, predictable policy.
China Says It Is Beefing up Efforts With US to Combat Smuggling
HONG KONG (Reuters) – China is strengthening enforcement with nations such as the United States to combat smuggling and other serious crimes, state media reported on Friday, citing the country’s National Immigration Administration.
China September industrial output rises 5.4%, beating expectations
China’s industrial output in September grew 5.4% from a year earlier, up from a 4.5% pace in August, providing some encouragement to policymakers as they step up efforts to revive a sluggish economy …
China’s reports third-quarter GDP growth of 4.6%, beating expectations
China’s National Bureau of Statistics on Friday reported third-quarter GDP growth of 4.6% year on year, exceeding the 4.5% expected by economists polled by Reuters. Beijing has faced public scrutiny …
China’s Q3 GDP grows 4.6% y/y, slightly above economists’ estimate
China’s economy expanded 4.6% in the third quarter from a year earlier, official data showed on Friday, slightly beating analysts’ expectations, maintaining pressure on policymakers as they consider …
Shenzhen deploys drone units to prevent accidents, maintain order
The hum of rotors is becoming a familiar sound in the skies above Shenzhen, a city in Guangdong province known for its technological innovations. But these aren’t just recreational drones; they’re the …
China’s economy likely to have slowed in Q3, Beijing’s 2024 target at risk
China’s economy is expected to have slowed in the third quarter, dragged by a prolonged property downturn and weak consumption, maintaining pressure on policymakers as they consider more stimulus …
‘Really squeezed’: Why drivers in the world’s largest food delivery market are having meltdowns
A food delivery rider suddenly loses it in the middle of the road, smashing his cellphone on the pavement after getting a negative review from a customer.
