(Bloomberg) — China’s central bank left a key policy rate unchanged, disappointing most economists who had expected a reduction to bolster the economy amid a worsening Covid outbreak. The People’s …
Tagged By finance
China c.bank keeps medium-term policy rate unchanged, matching expectations
China’s central bank kept the interest rate unchanged on Friday as it rolled over maturing medium-term policy loans, matching market expectations, despite Beijing calling for more monetary stimulus to …
Russia-Ukraine war, Covid-19 surge in China on IMF-World Bank agenda
A key global issue, cryptocurrency regulations, will not feature in the agenda and are unlikely to be discussed on the sidelines as well, Business Standard has learnt …
CX Daily: Four Things to Know About China’s Warning on NFT Financial Risks
Shanghai hosts many of China’s leading semiconductor manufacturers including the country’s largest chip foundry, Semiconductor Manufacturing International Corp. (SMIC). In 2021, integrated circuit …
Crisis-hit Sri Lanka looks to China for help, but will it step in?
Colombo has asked for US$1 billion loan to meet repayments and a US$1.5 billion credit line to buy Chinese goods Analysts say Beijing is likely to be cautious but will face pressure to be part…
China Puts New Financial Holding Companies in Systemic Risk Management
China’s central bank will include newly approved financial holding companies (FHCs) in its macroprudential management framework to better manage risks in the financial system, a senior official said.
China Liberal Education Holdings Limited Reports Financial Results for Fiscal Year 2021
China Liberal Education Holdings Limited (Nasdaq: CLEU) (“China Liberal,” the “Company,” or “we”), a China-based company that provides smart campus solutions and other educational services, today …
26 million people will be tested in China
In Shanghai, the financial center of China, nucleic acid testing will be applied to the entire city of approximately 26 million people, after the increasing number of cases due to the Omicron mutation …
Analysis-Hawkish Fed and China Lockdowns Threaten Brazil’s World-Beating FX Rally
Even in Brazil’s Economy Ministry, which has trumpeted the jump in foreign investment and perks of a stronger currency for fighting inflation, some officials doubt the trend will …
Cracks Form in Xi’s Armor Amid China’s COVID-19 Lockdown of Shanghai
Shanghai’s citywide lockdown and its subsequent food shortages emerge at a critical moment for Chinese President Xi Jinping.
China sounds alarm on NFTs
A joint statement from China’s banking, securities and internet finance associations said that NFTs could lead to speculative trading, money laundering, and illegal financing. To protect the country’s …
Four Things to Know About China’s Warning on NFT Financial Risks
Three state-backed financial industry associations in China have called on their members to prevent financial risks associated with non-fungible tokens (NFTs), such as masking trades of financial …
Harrop: China’s choice: Russia or U.S.
President Joe Biden warned China that if it helps Russia in its savagery against Ukraine, the U.S. might apply sanctions to Chinese products.
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