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yuan, China
China’s Bold Stimulus Measures Won’t Save Its Flagging Economy
It is the first time I’ve ever seen the Chinese central bank directly use its own money to support the stock and real estate markets,” says Lu Xi, an assistant professor focusing on China’s economics at the National University of Singapore.
China's yuan surges to 16-month peak on new stimulus measures
China's yuan hit a 16-month high against the U.S. dollar on Tuesday, after the central bank of the world's second-largest economy revealed new stimulus measures, while the greenback extended declines against other major currencies after soft data on the consumer.
Chinese yuan reaches 16-month high amid PBOC stimulus measures
China’s yuan surged to its strongest level in over 16 months on Wednesday as investors reacted to a series of stimulus measures unveiled by Beijing to combat the country’s economic slowdown. The offshore yuan briefly strengthened to 7.
2d
on MSN
China PBOC Cuts Key Policy Rate
China’s central bank cut a key policy rate just one day after announcing several monetary easing measures to boost lending ...
3d
China Market Update: PBOC Cuts With More To Come, Buybacks Roll On
Asian equities were largely higher as Japan closed for the Autumn Equinox.
Opinion
1d
Opinion
China Puts a Band-Aid on Its Economy. It’s Still Missing the Real Problems.
Since taking the helm in July 2023, People’s Bank of China Gov. Pan Gongsheng had avoided giant stimulus bursts of the kind ...
2d
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 ...
2d
on MSN
PBOC's mortgage rate cut is one of two measures that could 'really save' China's real estate, says UOB
Qi Wang, CIO, wealth management at UOB Kay Hian, discusses "two concerns" he has about the Chinese market and the recent ...
1d
What China's biggest stimulus since the pandemic means for US investors: Morning Brief
China just unveiled a stimulus package to pull itself out of its economic doldrums. But there could be consequences that ...
3d
China Mulls Stock Stability Fund, Unlocks $113 Billion From PBOC
China said it will allow institutional investors to tap central bank financing for stock purchases and is weighing plans for ...
2d
Alibaba: PBOC's Massive Chinese Stimulus Package Has A Solid Winner
Alibaba is well-positioned to benefit from PBOC's recent monetary measures due to its strong share buyback program and ...
Opinion
1d
Opinion
China Pushes on a Stimulus String
The world’s second largest economy needs more private enterprise, not more cheap credit.
4d
China Stimulus Hopes Rise as PBOC Cuts Rate, Plans Briefing
China announced plans for a rare briefing on the economy by three top financial regulators just as it cut one of its ...
1d
China’s march to strong yuan is long and perilous
Chinese President Xi Jinping wants a strong yuan, not a superpower currency. Rather than replacing the dominant U.S. dollar, ...
2h
China’s Stimulus Blitz: What We Know So Far and What to Expect
China gave its economy a shot in the arm with an extraordinary flurry of stimulus measures this week. The moves range from ...
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