China’s central bank said on Monday it will cut the amount of foreign exchange reserves that financial institutions must hold, a move seen as aimed at slowing the yuan’s recent depreciation.
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China Has Ample Room for Monetary Policy: Central Bank Deputy Governor
China has relatively ample room for monetary policy, the deputy governor of the country’s central bank said on Monday in remarks about follow-up policy measures to prop up the shaky recovery of the …
China Construction Bank extends 1.58t yuan of loans in H1
BEIJING – China Construction Bank, one of the country’s largest State-owned commercial banks, saw its new loans reach 1.58 trillion yuan ($229 billion) in the first half (H1) of this year. The bank …
China to Cut Banks’ Forex Reserve Ratio
China’s central bank said it would cut the amount of foreign exchange banks must hold as reserves, a move aimed at slowing the depreciation of the yuan.
China Bank in the last 100 years: A true testament to resilience and unchanging values
The banking industry in the Philippines spans almost two centuries and among the pioneers, few has stood the test of time. Marking its 100th year last August 2020, China Bank is a true leader.
China’s currency struggles spell trouble across emerging markets
As growth sputters in the world’s second-biggest economy, its currency has tumbled to a two-year low and looks set for further losses. That’s pushing Goldman Sachs Group Inc. to SEB AB to predict …
Why China poles apart from western countries?
Professor Shen Guiping, deputy director of the United Front Theory Teaching and Research Department of the Central Institute of Socialism, pointed out in an exclusive interview by China News Service …
Xi to Give Boost to China Stocks But Not Yuan, Markets Survey Finds
A precedent-breaking third term in office for President Xi Jinping is expected to give China’s beleaguered stock market a welcome boost, but investors appear wary.Most Read from BloombergAmazon Closes …
China may disagree with Western creditors on Sri Lanka’s debt restructuring
A senior International Monetary Fund (IMF) official said that Sri Lanka’s ongoing economic crisis would deepen if China disagrees on debt restructuring, reported Sunday Islands Online. “If one …
Digital finance highlighted at CIFTIS
A staff member operates a robot for e-CNY (digital yuan) payment at an exhibition of financial services during the 2022 China International Fair for Trade in Services (CIFTIS) at the Shougang Park in …
PBOC: China to ramp up financial support for the real economy in 2022
Ruan Jianhong, director-general of the Statistics and Analysis Department of the People’s Bank of China, speaks at a forum at the 2022 China International Fair for Trade in Services, September 2, 2022 …
China banking crisis: savers at risk as small lenders face ‘perfect storm’ of soured property loans, slowing economy
A debt crisis in the property sector and an economy hobbled by a zero-Covid policy have left small lenders struggling Crisis has been compounded by recent mortgage boycott and protests over frozen …
“A Strong Power in Rapid Ascent”: 10 China Stocks in Ray Dalio’s Portfolio
In this article, we discuss 10 China stocks in Ray Dalio’s portfolio. If you want to skip our analysis of Dalio’s stance on China, go directly to 5 China Stocks in Ray Dalio’s Portfolio. Ray…