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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.
cryptopolitan on MSN
1d
China considers massive $142B (1 trillion yuan) bank capital infusion
China is on the verge of injecting nearly $142.4B (1 trillion yuan) to increase its biggest state bank’s capacity to support ...
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 ...
Crypto Briefing
16h
Bitcoin eyes new high as China joins Fed with pandemic-level stimulus
Bitcoin poised for a rally as China announces a significant stimulus, potentially driving prices to new highs.
11h
Offshore Yuan Weakens Slightly After China’s Latest Monetary-Easing Measures
The offshore yuan weakened slightly against the U.S. dollar in the early morning Asian session after China’s latest monetary-easing measures.
11h
China c.bank cuts seven-day reverse repo rate to aid economy
China's central bank said on Friday it was lowering the borrowing cost of its seven-day reverse repurchase agreements, days after Beijing unveiled its biggest stimulus since the pandemic to support ...
2d
on MSN
China Moves To Avoid Economic Setback
The raft of new measures aims to jumpstart the economy amid a yearslong property downturn, muted consumer demand, and high youth unemployment.
7d
China’s Banks Maintain Key Lending Rates as PBOC Stays Put
Chinese banks maintained their benchmark lending rates for September, as policymakers hold off on further monetary stimulus ...
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, ...
3d
China stocks lead gains in Asia-Pacific markets after series of stimulus measures from PBoC
Asia-Pacific markets trade mostly in green, driven primarily by Chinese equities, following a series of stimulus measures ...
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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