Chinese regulators told the nation’s banks to lower rates they paid to deposits from other financial institutions to free up funds to boost the economy, according to people familiar with the matter.
Tagged By finance
China to issue $2 billion of dollar bonds in Saudi Arabia
China’s Ministry of Finance disclosed that it would sell $2 billion in dollar-denominated bonds in Saudi Arabia next week upon the state council’s approval. The Asian country’s MOF also added that details of the issuance…
China Responds to Trump’s Victory, Wants ‘Win-Win Cooperation’ With US
Trump is likely to follow through with his pledge to increase trade duties on China, analyst Bonnie Glaser told Newsweek.
China at centre of our business, says StanChart
China remains a key focus for Standard Chartered Bank (StanChart) and the group’s overall commitment to the country has only increased, says Bill Winters, group chief executive officer of the banking …
What Donald Trump’s victory means for China
Chinese assets sold off after the Trump 2.0 outcome, but policymakers should be more prepared this time around. China’s stimulus plans and currency management responses are likely to be the most …
China’s central bank vows to strengthen policies to support stable economic growth
China will continue to keep its monetary policy accommodative as well as strengthen counter-cyclical adjustments in order to build a sound monetary environment for stable economic growth and …
China’s issuance of US dollar bonds to bolster ties with Saudi Arabia
The planned issuance of US dollar bonds in Saudi Arabia by China’s Ministry of Finance is a “practical” move by Beijing to establish fundraising channels offshore and strengthen bilateral ties with a …
China’s central bank affirms supportive monetary policy stance at closely watched meeting
The head of China’s central bank told a closely watched meeting Tuesday that the People’s Bank of China planned to maintain supportive monetary policy, state media said. The PBOC head added the …
China’s central bank affirms supportive monetary policy stance at closely watched meeting
The PBOC head added the central bank plans to “increase the intensity of counter-cyclical monetary policy,” state media said in Chinese, translated by CNBC.
China at center of our business, says StanChart Group CEO
BEIJING — China remains a key focus for Standard Chartered Bank and the group’s overall commitment to the country has only increased, said Bill Winters, group CEO of the banking corporation, in a …
The financial ties between China and Saudi Arabia keep getting deeper
Investing ties between Riyadh and Beijing are growing harder to ignore. China has has chosen Saudi Arabia as the site for its first US dollar bond sales in three years, scheduled for next week, …
PBOC Head Vows to Boost China Countercyclical Monetary Measures
China’s central bank chief pledged to maintain an accommodative monetary policy stance and to double down on countercyclical adjustments to support the country’s economic growth.
Turkish finance minister to visit China for high-level meetings on trade, investment, cooperation
Türkiye-China Intergovernmental Cooperation Committee to be co-chaired by Turkish minister, Chinese deputy prime minister – Anadolu Ajansı …
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