CHINA’s central bank has announced a cut in the amounts of cash banks have to hold in reserve in an attempt to boost the economy as the country faces a mounting debt crisis.
Tagged By finance
China boosts slowing economy, Trump media company raises $1B, Spotify removes some comedians’ work
Yahoo Finance Live hosts break down Lucid’s shares dropping after the SEC subpoenas the EV manufacturer regarding its shell company merger. For the past 12 years, investing in growth stocks has been a …
China GDP to Slow, Will Become Inflation Exporter, Money Managers Say
China, widely seen as an exporter of disinflation for the past two decades, is likely to drive higher inflation in coming years, the chief investment officer of Neuberger Berman said on Monday. “The …
China’s central bank announces reserve requirement ratio cut
BEIJING – China’s central bank said Monday it has decided to cut the reserve requirement ratio (RRR) for financial institutions to support the development of the real economy and reduce the …
China’s Central Bank Cuts Reserve Requirement Ratio for Banks
China’s central bank said it would lower the amount of funds banks have to set aside, replenishing liquidity into the financial system in a bid to support the economy and cut financing costs for …
The Fintech Revolution in China: Opportunities and Threats
A look into the impact of financial technology in China, from economic development to mass surveillance. What will be the new normal for fintech in China?
China Central Bank to Cut Reserve Requirement Ratio for Second Time This Year
China’s central bank said on Monday it would cut the amount of cash that banks must hold as reserves, its second such move this year, releasing 1.2 trillion yuan in long-term liquidity to bolster …
China Central Bank to Cut Lenders’ Reserve Requirement Ratio
The People’s Bank of China said it would lower the amount of funds banks have to set aside, replenishing liquidity into the financial system in a bid to support the economy and cut financing costs…
China central bank cuts reserve requirement ratio as economy slows
The People’s Bank of China will reduce the reserve requirement ratio by 0.5 percentage point for all banks except those that are already on the lowest level of 5%, according to a statement …
China’s central bank to cut RRR by 50 basis points on Dec 15
China’s central bank announced Mon to cut financial insitutions’ reserve requirements by 50 basis points, effective from Dec 15.
The week in review: Beijing calms market on Evergrande risks
This round-up focuses on the attempts of various Chinese regulators to control the damage from China Evergrande Group’s debt woes …
China’s government is stepping in to help Evergrande deal with its debt, as it has with previous large-scale corporate clean-ups
This comes after Evergrande said in filing to the Hong Kong Stock Exchange there was “no guarantee” it would have enough funds to meet debt repayments.
Credit Suisse PB Is ‘Neutral’ on China, Sia Says
Selina Sia, head of Greater China equity research at Credit Suisse Private Banking, discusses the outlook for Chinese stocks, the economy and policies. She speaks with Yvonne Man and Bloomberg …