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China's central bank has asked some financial institutions about their views on recent U.S. dollar weakness, people with ...
China’s economy is showing positive signs and confidence is building, but challenges such as insufficient domestic demand and ...
Fears that Evergrande’s debt woes are spreading into the wider financial industry have sparked a run on a regional bank in northern China, multiple state media outlets have reported.
China on Sunday, March 12, reappointed Yi as head of the central bank in an effort to reassure entrepreneurs and financial markets by showing continuity at the top while other economic officials ...
The central bank has also become less afraid of the side-effects of that fight. When America’s Federal Reserve cut interest rates by half a percentage point on September 18th, it gave China’s ...
The central bank, the People’s Bank of China, cut short-term interest rates and rates on existing mortgages, reduced minimum down payments for housing purchases, ...
HONG KONG -- Shares of China's top state banks were mixed on Monday after four of them announced plans the day before to raise a combined 520 billion yuan ($71.7 billion) by issuing new shares ...
A man walks past the entrance of a China Construction Bank branch in Chongqing, China, on December 29, 2024. Cheng Xin/Getty Images AsiaPac/Getty Images. Beijing Reuters — ...
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