China's central bank unveils most aggressive stimulus since pandemic
BEIJING, Sept 24 (Reuters) - China's central bank on Tuesday unveiled its biggest stimulus since the pandemic to pull the economy out of its deflationary funk and back towards the government's growth target, but analysts warned more fiscal help was vital to hit these goals.
China will cut the amount of cash banks need to have on hand, known as the reserve requirement ratio or RRR, by 50 basis ...
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As China’s economy has descended into deflation, the central bank’s lack of urgency has been a source of frustration. Officials at the People’s Bank of China (PBoC) at first expressed ...
Bernard Arnault owns about half of LVMH, which includes luxury brands like Louis Vuitton, Dior, Tiffany & Co., and TAG Heuer, ...
China’s central bank announced an unusually broad package that signals growing unease in Beijing after a run of downbeat ...
Shares are higher in Asia following reports that China plans to spend billions of dollars to help rebuild the capital of ...
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