Chinese stocks rose after lenders lowered borrowing costs following the central bank’s move to cut policy loan rates and commit to more easing.
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Asian stocks rise after China rate cuts, Japan export gain
Asian stock markets rose Thursday after China cut interest rates to shore up flagging economic growth and Japan reported a double-digit rise in exports. Benchmarks in Shanghai, Tokyo, Hong Kong and …
Number of new COVID-19 cases on Chinese mainland continues to decline
Epidemic prevention workers give thumb-ups at a residential area in Xi’an, northwest China’s Shaanxi Province, Jan. 19, 2022. (Xinhua/Tao Ming) BEIJING, Jan. 20 (Xinhua) — The number of new locally …
Biden says he pressed Xi Jinping on COVID-19 origins after all
President Joe Biden said Wednesday he pressed Chinese leader Xi Jinping about the origins of COVID-19 during their lengthy November phone call, a revelation that comes after two months of the White …
The breathable facade of the Shenzhen Rural Commercial Bank’s new headquarters connects occupants with the climate
In Shenzhen, the new tower headquarters for the Shenzhen Rural Commercial Bank features a diagrid superstructure that modulates sunlight …
Beijing city raises vigilance as local COVID cases tick higher before Olympics
China’s capital Beijing ramped up efforts to curb COVID-19 infections, ordering checks among cold-chain firms and urging residents to cut unnecessary gatherings, as the city reported an uptick in …
China cuts key rates, stepping up monetary stimulus effort to underpin economy
China stepped up its monetary easing efforts to prop up a slowing economy this week by lowering a set of key policy rates and lending benchmarks, and markets believe Beijing could ease further before …
Asian shares rise as China cuts key mortgage rate
Asian share markets broke a five-day slide to edge higher on Thursday, shrugging off drops in Europe and on Wall Street overnight as China underscored its diverging monetary and economic picture by …
China reports 66 new COVID-19 cases on Jan 19 vs 87 a day earlier
China reported 66 new confirmed COVID-19 cases for Jan. 19, down from 87 a day earlier, its health authority said on Thursday. Of the new infections, 43 were locally transmitted, according to a …
Kazakhstan crisis challenges Beijing’s reticence to interfere abroad
The last Russian troops returned home from Kazakhstan on Wednesday, having quelled violent protests in the central Asian country. But for Kazakhstan’s other big neighbour, the trouble has only just …
NBC will not send announcers to Beijing for Winter Games
NBC will not be sending its announcers and most hosts to the Beijing Olympics due to continued concerns about rising COVID-19 cases worldwide and China’s strict policy about those who test positive.
China cuts mortgage reference rate for first time in nearly two years
China cut its benchmark lending rates for corporate and household loans for a second straight month at its January fixing on Thursday, while lowering a mortgage reference rate for the first time in …
China Sets Yuan Fixing at Strongest Level Since May 2018
China’s central bank set its daily fix for the onshore yuan at the strongest level in three years, as the currency rallied amid a drop in the greenback.
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