China’s central bank has once again surprised markets by conducting an unscheduled lending operation at a much lower interest rate on Thursday to help support the slowing economy. The People’s Bank of China conducted one-year…
Tagged By financials
Market analysts react to surprise rate cut in China
China surprised financial markets with an off-cycle cut to bank funding costs on Thursday. Stocks fell and bonds rallied after the announcement of a 20 basis point reduction in the one-year …
Amid Tensions With China, Some US States Are Purging Chinese Companies From Their Investments
Now Malek is touting the Chinese divestment as he seeks reelection in an Aug. 6 Republican primary against challengers who also are denouncing financial connections to China. The Missouri treasurer’s …
China central bank surprises by lending again at lower rates
China’s central bank surprised markets for a second time this week by conducting an unscheduled lending operation on Thursday at steeply lower rates, suggesting authorities are trying to provide …
China has ratcheted up its effort to spur growth by cutting a key policy rate and interest on bank deposits
BEIJING (AP) — China has ratcheted up its effort to spur growth by cutting a key policy rate and interest on bank deposits.
China central bank unexpectedly conducts medium-term loan operation, cuts interest rate
China’s central bank unexpectedly conducted a medium-term lending facility (MLF) operation on Thursday and cut the interest rate, following a string of other rate reductions earlier this week. The …
China’s slump hints at a unique liquidity trap
China is awash with money and its growth is slowing. To avert a prolonged stagnation, President Xi Jinping’s administration may need to spend its way out of the problem. Yet this and other classic …
Key ministers interact with authorities in China: Bond, loans and coal high on the critical agenda
ISLAMABAD: Pakistan’s finance minister and power minister have reached Beijing for talks with Chinese high-ups …
Qilu Bank steps up to aid green projects in China
China intends to focus on the five major areas of financial technology, green finance, inclusive finance, pension finance and digital finance.
China Yield Curve Steepener Trade Gains Traction With Caveats
A popular Treasuries trade is being replicated in China, where the gap between long and short-dated yields is widening as the central bank pushes to better control the bond market and signal a healthier economy.
How far will Beijing-brokered Palestinian unity deal go in ending Gaza conflict? Sadly, not far
More than a dozen Palestinian factions, including bitter rivals Fatah and Hamas, signed a joint declaration in Beijing on July 23, vowing to form an interim unity government that will govern all the …
China pledges tax reform. That is a big deal for this socialist country.
Senior officials in Beijing say they plan to share more tax revenue with local governments and expand tax revenue sources.
China Risks Public Backlash With New Crisis Plan
“Voluntary” delayed retirement follows last year’s pension protests, while younger Chinese complain the change will further crowd a difficult job market.
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