What has happened is that Beijing has activated the ‘policy put’, or whatever it takes to rescue the market, Goldman says.
Tagged By financials
China launches lending tool to inject more liquidity into market ahead of year-end loan expiry
The People’s Bank of China launched a lending tool to pump in more liquidity into the market and support credit flow in the banking system ahead of the expiration of trillions of yuan in loans…
China has confidence to achieve about 5% GDP growth in 2024: Vice Minister of Finance Liao Min
China’s Vice Minister of Finance Liao Min said on Friday during a meeting of the World Bank, according to a statement seen on China’s Ministry of Finance on Sunday. The Chinese government recently has …
China leveraging Laos to link up its Southeast Asian economic interests
China aims to scale up infrastructure construction in uniquely strategic Laos to accelerate trade and investment throughout Southeast Asia as Chinese businesses scout for space to grow offshore, …
Russian envoy says trade with Hong Kong can grow under strong Moscow-Beijing ties
China, Russia can do more to support companies affected by Western sanctions, says Consul General Anatoly Kargapolov This is the eighth in a series of interviews with consuls general of emerging and …
China’s central bank unveils new monetary policy tool
The People’s Bank of China (PBC), the central bank, announced on Monday that it will initiate its outright open market reverse repo facility, with open market operations scheduled once a month and tenors of less…
China-led AIIB head criticises advanced nations for trade barriers
President Jin Liqun on Saturday (Oct 25) criticised advanced economies for creating trade barriers including for renewable energy goods, saying there was “no longer free trade” in the global economy.
China confident in achieving around 5% GDP growth for 2024, will strengthen counter-cyclical fiscal policies, says vice Minister of Finance
China is confident to achieve around 5-percent GDP growth target for 2024, and the country will step up counter-cyclical adjustments in fiscal policy in addition to monetary policy stimulus, China’s …
AIIB Head ‘Confident’ China Stimulus Will Work, Urges Patience
A top official with a China-led development bank expressed faith in Beijing’s latest round of economic stimulus while cautioning that results may not be immediate.
Janet Yellen, senior China finance official discuss Beijing’s economic stimulus measures
Discontented US Treasury chief reiterates Washington’s concerns about industrial overcapacity and impact on American workers and firms.
China-led AIIB head criticizes advanced nations for trade barriers
Asian Infrastructure Investment Bank (AIIB) President Jin Liqun on Saturday criticized advanced economies for creating trade barriers including for renewable energy goods, saying there was “no longer …
China’s Gold Gamble: How Beijing’s Move Could Shake the U.S. Dollar and Global Power Balance
As global markets brace for economic upheaval, China’s rising influence on gold could define the metal’s future value and reshape its role as a financial safe haven. With China’s economy on shaky …
China’s Stimulus Aims to Boost Consumption, Top Official Says
China’s recent rollout of stimulus is centered around lifting domestic demand and hitting the nation’s annual growth goal, said Vice Finance Minister Liao Min, as investors await a meeting of …
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