In return, Lixin hopes to access China’s western regional markets, where Lixin’s expertise in financial solutions should resonate favourably with a large body of potential customers. The … ( read original story …)
Tagged By finance
China says it’s not afraid of a trade war with the US — its actions show otherwise
The People’s Bank of China announced on Sunday it was cutting the reserve requirement ratio for most banks by 100 basis points, which will result in an injection of 750 billion yuan ($109.2 billion) i……
Chill in the air as Pompeo meets Chinese counterparts in Beijing
BEIJING (Reuters) – U.S. Secretary of State Mike Pompeo and Chinese Foreign Minister and State Councillor Wang Yi aired their grievances in the open on Monday during a brief visit to Beijing by Washin… (…
China says it’s not afraid of trade war with the US — its actions show Beijing is nervous
The People’s Bank of China announced on Sunday it was cutting the reserve requirement ratio for most banks by 100 basis points, which will result in an injection of 750 billion yuan ($109.2 billion) i……
Asian shares fall as China set to reopen after Beijing eases policy
SHANGHAI (Reuters) – Shares in Asia stumbled in early trade on Monday as investors waited with bated breath as China’s markets prepare to reopen following a week-long holiday and after its central ban… ( read…
China’s central bank frees up nearly $175 billion to jump-start economy
BEIJING — China’s central bank is freeing up nearly $175 billion to get commercial banks to boost their lending and pay off short-term borrowings, the latest effort by Beijing to lift growth in a slow……
China cuts bank reserve requirement to spur economy amid trade war
the country’s central bank. (Kyodo) BEIJING (Kyodo) — China’s central bank said Sunday it is cutting the amount of cash that large banks must hold as reserves, to ease credit and boost economic … (…
China slashes banks’ reserve requirements as trade war imperils growth
BEIJING (Reuters) – China’s central bank on Sunday announced a steep cut in the level of cash that banks must hold as reserves, stepping up moves to lower financing costs and spur growth amid concerns…
China central bank cuts reserve requirement ratio by 1 basis point
BEIJING (Reuters) — China’s central bank on Sunday cut some banks’ reserve requirement ratio by 1 basis point to inject an additional 750 billion yuan ($109.2 billion) into the banking system. ( read original story…
China Slashes Banks’ Reserve Requirements As Trade War Hits Growth
China’s central bank on Sunday announced a steep cut in the level of cash that banks must hold as reserves, stepping up moves to lower financing costs and spur growth amid concerns over the economic…
China Foreign-Currency Reserves Drop on Trade Tensions, Yuan
(Bloomberg) — China’s foreign-currency holdings fell in September, as heightened trade tensions with the U.S. fueled concerns of capital outflow and further yuan depreciation. Reserves declined by $2… ( read original story …)
China slashes banks’ reserve requirements to spur growth
BEIJING (Reuters) – China’s central bank said on Sunday it would cut the amount of cash that most banks must hold as reserves to lower financing costs and spur growth, amid concerns over a ……
China cuts some banks’ reserve requirements to spur growth
BEIJING (Reuters) – China’s central bank said on Sunday it would cut the amount of cash that some banks must hold as reserve to lower financing costs and spur growth in the world’s second ……
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