The Chinese central bank said on Monday it had bought 200 billion yuan ($28.52 billion) of the country’s government bonds in open-market operations in.
Tagged By finance
China’s Former Finance Minister Urges Caution on Cryptocurrency Development
At the recent 2024 Tsinghua Wudaokou Chief Economists Forum in Beijing, Lou Jiwei-former finance minister of China calls for caution to be taken regarding cryptocurrency development.
China’s Weak Factory Activity Shows Urgency of Stimulus Push
China’s factory activity continued to contract while the services sector slowed in September, as policymakers prepared an emergency stimulus blitz to revive an economy facing challenges across the …
China’s vice finance minister meets with PWC global chair
China’s Vice Finance Minister Guo Tingting met with PWC global chair Mohamed Kande in Beijing on Sept. 19, the ministry said in a statement on Monday.Guo affirmed PWC’s attitude of respecting …
China’s central bank buys $28.52bln of sovereign bonds in September
The People’s Bank of China said the operation was to “strengthen counter-cyclical adjustment of monetary policy and keep banking system liquidity reasonably ample” …
China’s stock market is closing just as investment outlook is brightening up
The Shanghai Stock Exchange will close from Oct. 1 to Oct. 7 for the China National Day celebrations. Hong Kong’s market will be shut on Oct. 1.
Chinese Property Stocks Surge as Barrage of Stimulus Continues
Chinese property stocks powered higher in mainland and Hong Kong stock markets, thanks to a barrage of measures from Beijing to stabilize the country’s struggling property market.
Analysis-Painful Policy Choices Loom After China’s ‘Monumental’ Consumer Stimulus Plan
Reuters reported last week that Beijing plans to issue sovereign bonds worth about 2 trillion yuan ($284 billion) this year, in part to subsidise consumer goods purchases and child support, …
Communist China is celebrating its 75th birthday and its stock market is soaring. But not everyone is in the party spirit
For much of the past year since China reopened to the world following the Covid-19 pandemic, a pall has hung over large swathes of the country as its economy struggles to regain momentum.
Treasurer Jim Chalmers says China stimulus moves ‘really welcome’
Federal Treasurer Jim Chalmers has welcomed major moves by China to stimulate its struggling economy, saying it could signal some much-needed relief to a key sector of Australia’s economy.
Former Chinese Finance Minister Calls for In-Depth Analysis of Cryptocurrency Following US Bitcoin ETF Developments
During a recent address at the 2024 Tsinghua Wudaokou Chief Economists Forum in Beijing, former Chinese finance minister Lou Jiwei emphasized the necessity for China to critically assess the evolving …
Chinese Stocks Soar as Beijing Unleashes Major Stimulus Measures
Chinese stocks surged on Monday, culminating a month-long rally propelled by Beijing’s aggressive stimulus measures. Benchmark indexes in China and Hong Kong posted significant gains, with the CSI300 …
China open to more loans, investments in Nigeria – FG
The Federal Government has clarified that it is not seeking debt forgiveness from China, despite ongoing discussions about debt relief at international forums. According to the Minister of Foreign …
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