China’s National People’s Congress will begin its annual meeting on March 5, giving leaders a chance to set the economic direction and lay out spending plans for the year ahead. With Donald Trump …
Tagged By finance
People’s Bank of China holds MLF rate steady
People’s Bank of China intensified efforts to stabilize the yuan, injecting CNY 300 billion through a one-year medium-term lending facility while keeping the rate at 2% to support liquidity. The rate …
If US attempts World Bank retreat, the China-led AIIB could be poised to step in – and provide a model of global cooperation
Donald Trump is no fan of international organizations. Just hours after taking office on Jan 20, 2025, the U.S. president announced his intention to withdraw from the World Health Organization and the …
Thai firms suffer $60 million loss, risk shutdown from China’s ban on sugar syrup
Thai firms grappling with losses of about $60 million from China’s ban on sugar syrup face shutdowns as soon as next month, an industry body said, while negotiations by officials of the Southeast …
China conducts 300-billion-yuan MLF operation to sustain banking liquidity
BEIJING – China’s central bank on Tuesday conducted a 300-billion-yuan ($41.83 billion) medium-term lending facility (MLF) operation to maintain ample liquidity in the country’s banking system.
China’s defense of currency takes toll on big banks, bond funds
BEIJING – China’s strategy of defending its currency by choking local liquidity is sending ripples throughout the financial system, squeezing banks and fueling losses at bond funds.
China’s Repo Market Hit Hard as Yuan Defense Sparks Cash Squeeze
China’s strategy of defending its currency by choking local liquidity is sending ripples throughout the financial system, squeezing banks and fueling losses at bond funds.Most Read from BloombergTrump …
WeRide’s Latest Robotaxi GXR to Start First Fully Unmanned Commercial Operations in Beijing
WeRide (Nasdaq: WRD), a global leader in autonomous driving technology, announced approval to launch its latest generation Robotaxi, the GXR, for fully unmanned paid ride-hailing services in Beijing.
Tesla Up On China FSD Report; Elon Musk’s DOGE Doesn’t Change EV Giant’s ‘Holy Grail,’ Says Longtime Bull
Tesla fell despite a report that the EV giant will roll out FSD in China. Elon Musk’s DOGE brand impact is “containable,” Dan Ives said.
Tesla Stock Falls Despite China FSD Report; Elon Musk’s DOGE Actions Don’t Change EV Giant’s ‘Holy Grail,’ Says Longtime Bull
Tesla fell despite a report that the EV giant will roll out FSD in China. Elon Musk’s DOGE brand impact is “containable,” Dan Ives said.
Will China’s central bank cut rates soon? Mixed signals fuel confusion
China’s monetary policy is sending mixed signals, leaving investors and economists uncertain about whether the People’s Bank of China (PBOC) will cut interest rates soon. Despite an easing stance …
China’s EV maker XPeng eyes doubling global presence by year’s end
One of China’s leading electric vehicle makers XPeng plans to double the number of countries in which the company operates by the end of this year, its CEO said Saturday.China’s government has …
China Market Update: Alibaba Goes Ballistic, Finance Minister Talks Consumption, Week In Review
Asian equities ended a positive week on a high note, led by Hong Kong and Mainland China-listed growth stocks following Alibaba’s financial results, which were reported after the close in Hong Kong …
