Beijing’s sub-center in Tongzhou district is making sound progress in high-quality development, featuring solid investment, booming industries, prosperous culture and tourism, and coordinated regional …
Tagged By finance
China Budget Spending Slide Deepens in Worrying Sign for Economy
China’s broad budget expenditure shrank at a faster clip amid an unprecedented drop in income earned by local governments from land sales, an alarming sign for an economy desperately in need of fiscal …
China’s retirement-age changes force rethink of life plans to work longer and save smarter
At a time when consumption confidence is lacking in China, professionals express mixed feelings about working longer in life.
China’s tariff suspension: Taiwan calls for WTO norms amid rising tensions
By bno – Taipei Office In a significant escalation of cross-strait tensions, the Chinese Finance Ministry announced on September 18 that it will suspend tariff exemptions for 34 agricultural and …
China unexpectedly leaves lending rates unchanged despite Fed’s outsized rate cut
SHANGHAI – China unexpectedly left benchmark lending rates unchanged at the monthly fixing, confounding market expectations that were primed for a move after the Federal Reserve delivered an outsized …
Beijing official voices high hopes for Hong Kong efforts to promote national opening-up
Hong Kong and Macau Affairs Office’s Zhou Ji voices confidence in city at launch of Beijing-Hong Kong Economic Cooperation Symposium Beijing has “high hopes” for Hong Kong’s efforts to showcase a …
China: Beijing subway allows ‘tap-and-go’ rides with foreign bank cards
Beijing subway allows ‘tap-and-go’ rides with foreign bank cards (Voice_over) Beijing has become the first city on the Chinese mainland to allow international visitors to use their Mastercard and Visa …
China unexpectedly leaves lending rates steady; markets expect cuts soon
SHANGHAI: China unexpectedly left benchmark lending rates unchanged at the monthly fixing on Friday, confounding market expectations that were primed for a move after the Federal Reserve delivered an …
China unexpectedly leaves lending rates steady; markets expect cuts soon
SHANGHAI: China unexpectedly left benchmark lending rates unchanged at the monthly fixing on Friday, confounding market expectations that were primed for a move after the Federal Reserve delivered an …
China keeps lending rates steady, surprising analysts
China unexpectedly left benchmark lending rates unchanged at the monthly fixing on Friday, confounding market expectations that were primed for a …
People’s Bank of China unexpectedly holds LPR rates steady in September
The People’s Bank of China kept its one- and five-year loan prime rates unchanged at 3.35% and 3.85%, respectively, on Friday, as expected, to help the economy recover. Both rates remain at record …
China’s Banks Maintain Key Lending Rates as PBOC Stays on Pause
Chinese banks maintained their benchmark lending rates for September, as policymakers hold off on further monetary stimulus while financial institutions struggle with record-low profit margins.
China unexpectedly leaves benchmark lending rates unchanged after Fed’s jumbo cut
The People’s Bank of China (PBOC) said it would keep the one-year loan prime rate (LPR) at 3.35%, as well as the five-year LPR at 3.85%.
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