China’s central bank will continue to push forward the reform of Loan Prime Rate (LPR) and bring deposit interest rates into line with market rates, the People’s Bank of China said on Tuesday.
Tagged By financials
Wisconsin soybean farmers face financial losses amid China trade dispute
That’s because China — the number one buyer of soybeans in the world — is boycotting American-grown soybeans in response to President Trump’s tariffs. “It has really had a detrimental effect upon the …
China expands rare earths restrictions, targets defense and chips users
China dramatically expanded its rare earths export controls on Thursday, adding five new elements and extra scrutiny for semiconductor users as Beijing tightens control over the sector ahead of talks …
Helen Of Troy Expects To Lower Cost Of Goods Subject To China Tariff: CFO Says Company Implemented Majority Of Planned Price Increases
Assistant Chief Financial Officer Tracy Schuerman said on Thursday that the company now expects to lower its cost of goods sold, subject to the China tariff, to between 25% and 30% by the end of…
American soybean farmers face financial crisis as China trade dispute threatens livelihoods
American soybean farmers are facing financial hardship as China shifts purchases to Brazil and Argentina amid ongoing trade tensions over the Trump administration’s tariffs.
China tightens rare earth export rules ahead of Xi-Trump summit; stocks rally
U.S.-listed rare earth producers jumped in premarket trading on Thursday after China unveiled fresh restrictions on the export of rare earth materials. Shares of Critical Metals (NASDAQ:CRML) rose 6.1 …
China’s September bank lending seen more than doubling from previous month
New bank loan issuance in China likely more than doubled in September, a Reuters poll showed on Thursday, possibly lifted by seasonal factors even as slowing government financing and weak demand …
U.S. soybean farmers struggle without China as top buyer: WSJ
American soybean growers are bracing for financial pain as they bring in a near-record harvest without their biggest customer, China. Farmers say the loss of Chinese demand, once accounting for more …
Opinion: Nukes and bonds: How Putin and Xi are building a new nexus against the West
Just days after Vladimir Putin stood beside Xi Jinping at Beijing’s grand military parade following the Shanghai Cooperation Organization summit, Russia’s two largest state-owned enterprises, Rosatom …
China Rejects New Special Treatment in WTO
Beijing’s announcement regarding future World Trade Organization negotiations is strategic. It represents both a willingness to promote WTO reform and an institutional adjustment to support …
World Bank lifts China growth outlook to 4.8% despite lingering headwinds
The World Bank has raised its 2025 growth forecast for China to 4.8%, up from 4% predicted in April, bringing it closer to Beijing’s official GDP target of around 5% for the year. The revision…
PRESS RELEASE: Global Finance Names The Safest Banks in China 2025
Global Finance has named the 25 Safest Banks in China for 2025 as part of its 34th annual World’s Safest Banks rankings. The full list is included here and will be published in the November…
China joins South American trade bloc, boosting its AI and EV industries: analysts
China has formally joined a South American trade bloc as an observer in a move analysts said would strengthen its strategic foothold in the region and help power industries ranging from artificial …
