China’s central bank refrained from purchasing gold for its reserves for the sixth consecutive month in October, according to official data released on Thursday. China’s gold holdings stood at 72.8 …
Tagged By financials
China to steadily push forward financial opening-up: central bank
BEIJING – China will steadily promote institutional opening-up of the financial service sector and the financial market, and expand connectivity between domestic and overseas financial markets, …
Chinese exports soar as Beijing braces for Trump trade tensions
Bumper export figures are expected to inflame tensions between the incoming administration and Beijing, which could respond to new tariffs with bigger stimulus action.
China’s central bank head pledges to support economic recovery
BEIJING: China will continue to implement a supportive monetary policy to help promote sustained economic recovery, Pan Gongsheng, governor of the People’s Bank of China, said in remarks published on …
Why China’s economy is more vulnerable to Trump tariffs this time
China may be able to boost external sales in areas where its … the analysts calculated – levels unseen since the 1990s Asian financial crisis. Worried about capital outflows, authorities tried to …
China’s central bank head pledges to implement supportive policy
China will continue to implement a supportive monetary policy to help promote sustained economic recovery, Pan Gongsheng, governor of the People’s Bank of China, said in remarks published on Thursday.
China Tells Banks to Cut Interbank Deposit Rates to Boost Growth
Chinese regulators told the nation’s banks to lower rates they paid to deposits from other financial institutions to free up funds to boost the economy, according to people familiar with the matter.
China to issue $2 billion of dollar bonds in Saudi Arabia
China’s Ministry of Finance disclosed that it would sell $2 billion in dollar-denominated bonds in Saudi Arabia next week upon the state council’s approval. The Asian country’s MOF also added that details of the issuance…
China Responds to Trump’s Victory, Wants ‘Win-Win Cooperation’ With US
Trump is likely to follow through with his pledge to increase trade duties on China, analyst Bonnie Glaser told Newsweek.
China at centre of our business, says StanChart
China remains a key focus for Standard Chartered Bank (StanChart) and the group’s overall commitment to the country has only increased, says Bill Winters, group chief executive officer of the banking …
What Donald Trump’s victory means for China
Chinese assets sold off after the Trump 2.0 outcome, but policymakers should be more prepared this time around. China’s stimulus plans and currency management responses are likely to be the most …
China’s central bank vows to strengthen policies to support stable economic growth
China will continue to keep its monetary policy accommodative as well as strengthen counter-cyclical adjustments in order to build a sound monetary environment for stable economic growth and …
China’s issuance of US dollar bonds to bolster ties with Saudi Arabia
The planned issuance of US dollar bonds in Saudi Arabia by China’s Ministry of Finance is a “practical” move by Beijing to establish fundraising channels offshore and strengthen bilateral ties with a …
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