The steady monthly LPR fixings underscore that Beijing’s monetary easing efforts continued to be limited by narrowing interest rate margins and a weakening currency, despite a flurry of recent data …
Tagged By financials
China Leaves Benchmark Rates Steady as PBOC Walks Tight Rope
The steady monthly LPR fixings underscore that Beijing’s monetary easing efforts continued to be limited by narrowing interest rate margins and a weakening currency, despite a flurry of recent data …
Hong Kong capital market will help unlock China’s innovation ambitions, HKEX boss says
Hong Kong’s market will continue to evolve to support emerging enterprises’ capital needs, Bonnie Chan says at Lujiazui Forum.
Fitch pushes back China rate cut expectations to next year as Fed holds interest rates steady
Fitch now forecasts China will keep its one-year medium-term lending facility (MLF) unchanged this year at 2.5%, and cut it to 2.25% next year.
China plans reforms to boost appeal of Shanghai’s Nasdaq-style Star Market: CSRC
CSRC head unveils plans to reform Shanghai’s Nasdaq-style tech board as the annual Lujiazui forum gets under way.
America’s Voice in Taiwan Has Some Parting Advice About China
Near the end of three years as the United States’ chief representative in Taiwan, Sandra Oudkirk has some parting advice: Avoid panic about China’s combative language and moves, but don’t grow numb to the risks.
China needs consumption surge for full-blown economic recovery, researcher says
Zheng Xinli, a former researcher with China’s Communist Party, has advocated for robust incentives to spur consumption and buoy the country’s service sector, part of a plan to build up new economic …
House panel to scrutinize China’s semiconductor, drone industries
A planned hearing organized by the House select committee on China will also examine China’s dominance in shipbuilding.
China Police Probe Drug-Related Money Laundering Operation After US Tip
Chinese state media said in a brief dispatch that, following U.S. tip-offs, an investigation found that since 2017 a man surnamed Tong started a car dealership in the U.S. to sell vehicles and offer …
China to Step Up Supervision of Nasdaq-Style Star Market
China’s securities regulator plans to step up oversight on companies listed on the Star Market, as part of reform measures to contain market volatility.
China’s central bank vows supportive monetary policy but dismisses dramatic easing measures
China’s central bank governor has pledged to continue accommodative monetary policies to jolt the economy, but he also doubled down on long-maintained intentions to avoid Western-style quantitative …
China ups efforts to build Shanghai into strong international financial center
BEIJING — China has intensified moves to develop its Shanghai municipality into a “strong international financial center” as part of the efforts to build up financial strength and promote high-level …
China central bank boss says no major stimulus to boost economy
The country’s recovery from the impact of Covid has slowed in the months since it abruptly lifted tough restrictions in late 2022, with a property crisis and tepid consumer demand weighing on growth.
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