China's central bank unveils broad easing measures to revive economy
The government is aiming for economic growth of around 5.0% for 2024, but some investment banks including Goldman Sachs, Nomura, UBS and Bank of America have recently lowered their forecasts for China's growth rate this year. Stocks rose and the onshore yuan opened at its strongest level since May 2023.
The Chinese central bank has reduced the amount of reserves banks are required to keep, among other moves it is rolling out ...
China’s central bank on Tuesday unveiled its biggest stimulus since the pandemic to pull the economy out of its deflationary ...
China’s central bank lowered a short-term policy rate and pumped more liquidity into the financial system, as it continues ...
China’s central bank announced a series of measures on Tuesday aimed at making it easier for households and companies to ...
China's central bank followed the Federal Reserve's lead by cutting interest rates on Monday. It also revealed it's planning to hold a rare briefing on the economy, sparking gossip about whether ...
China’s central bank announced it will inject one-year liquidity to domestic lenders on Sept. 25, marking a third delay amid ...
People’s Bank of China lowered the seven-day reverse repo rate, as well as both the one-year and five-year loan prime rates, just days after the conclusion of the third plenum. The Bank for ...
The central bank lowered a key rate in its latest effort to steady China’s economy, as Asian stock markets followed Wall Street down. By Keith Bradsher President Xi Jinping is presiding over a ...
China bond yields fell to a record low after the People's Bank of China announced that it will cut the reserve requirement ...
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