Oil prices rose in the Asian morning session, driven by optimism over China’s potential economic recovery.
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China’s Central Bank Vows Support for Tech, Consumption
Good morning. China’s central bank will step up support for tech and consumers. Wall Street banks are quitting a once-popular climate alliance. And Chinese cat owners have a new use for Covid pills.
China’s central bank vows ‘moderately loose’ monetary policy
BEIJING, Jan 5, 2025 (BSS/AFP) – China’s central bank has outlined a “moderately loose” monetary plan aimed at boosting domestic demand to spur growth, days after President Xi Jinping called for more …
China’s box office takings drop by a quarter as viewers turn to streaming
While China’s film industry surpassed North America’s in box office revenues for the first time in 2020, its recovery after the pandemic has been weaker. The world’s second-largest film market …
China’s unyielding fight against corruption
China’s anti-corruption battle continues to roar. In 2024, it made waves in sectors such as finance, energy, healthcare and sports, while dismantling sophisticated forms of graft that sought to …
Steve Bannon Issues New Elon Musk Warning: ‘Masters in Beijing’
Prominent right-wing podcaster Steve Bannon took aim at billionaire Elon Musk, saying the world’s wealthiest man has “masters in Beijing” during a Saturday episode of his WarRoom podcast. Newsweek …
China’s central bank outlines monetary priorities for 2025
BEIJING – China’s central bank has outlined its monetary and financial priorities for 2025 following a two-day meeting that ended Saturday, emphasizing expanding domestic demand, stabilizing …
China’s PBOC Vows More Support for Innovation and Consumption
China’s central bank said it will step up financial support for technology innovation and consumption stimulation as part of a continued effort to revive economic growth.
China’s central bank highlights efforts to strengthen monetary policy regulation, cut RRR, interest rates at appropriate time
The monetary policy committee of the People’s Bank of China (PBC) advised to strengthen monetary policy regulation, including reductions in the reserve requirement ratio (RRR) and cutting interest …
China hits record panda bond issuance in 2024, with analysts bullish for 2025
With more yuan-denominated panda bonds issued last year than any other, analysts expect even bigger numbers in 2025.
China’s financial crisis deepens – Now economists expect a recession
China’s economy is unraveling right before our very eyes. The 10-year government bond yield just tanked below 1.60% for the first time ever, sending a clear message: this is no ordinary slowdown.
Tim Cook must pull off a careful balancing act to protect Apple’s supply chain empire in China
Donald Trump term means the Apple CEO will need to find ways to keep his supply chain in China out of any potential trade disputes.
China’s central bank says it will cut banks reserves, rates at proper time
China’s central bank said it will cut banks’ reserve requirement ratio and interest rates at “proper time” during a quarterly meeting of its monetary policy committee held last week, according to a …
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