4 d. ago China's central bank pledges to speed up policy response to economic conditions

China's central bank pledges to speed up policy response to economic conditions  Reuters

Economics

5 d. ago China’s Premier Li: China will take forceful steps to boost consumption

China’s Premier Li: China will take forceful steps to boost consumption  Forexlive | Forex News, Technical Analysis & Trading Tools

Politics

6 d. ago CX Briefing: Beijing Unleashes Financial Measures to Boost Consumption

CX Briefing: Beijing Unleashes Financial Measures to Boost Consumption  Caixin Global

Politics

6 d. ago China’s central bank doubles down on financing support to boost consumption

China is doubling down on its efforts to encourage domestic consumption, with the central government and the country’s wealthiest province rolling out policies aimed at providing structural financial support and on-the-ground incentives. Continued policy support is crucial to keep China’s domestic consumption afloat as trade uncertainties and unemployment pressures persist, analysts said. The People’s Bank of China (PBOC) said on Tuesday that a 500 billion yuan (US$69.68 billion) relending quota...

Economics

1 week ago China’s Central Bank Seeks Bigger Role for Yuan on Global Stage

China’s Central Bank Seeks Bigger Role for Yuan on Global Stage  WSJ

Politics

1 week ago Mainland China, Hong Kong launching Payment Connect scheme to aid capital flows

China’s central bank is launching a new connect programme with Hong Kong to facilitate cross-border payments – Beijing’s latest move to open up its financial sector and also leverage the southern financial centre to better connect with the rest of the world. The Payment Connect programme will link the mainland’s Internet Banking Payment System and Hong Kong’s Faster Payment System (FPS), allowing users to make payments and wire money faster and more conveniently. The programme will begin on...

Politics

1 week ago China’s central bank chief expects new global currency order

China’s central bank chief expects new global currency order  Financial Times

Politics

2 w. ago China's May retail sales grow at fastest pace since December 2023 as subsidies help boost consumption

China's May retail sales grow at fastest pace since December 2023 as subsidies help boost consumption  CNBC

Events

3 w. ago India expected to maintain robust growth despite Pakistan tensions, trade woes

India is poised to remain the world’s fastest-growing major economy this year, analysts have said, with a recent jumbo rate cut by its central bank expected to boost consumption and investment, even as the country contends with fresh military tensions with Pakistan and an uncertain global trade environment. The Reserve Bank of India (RBI) last week delivered a larger-than-expected interest rate cut of 50 basis points and reduced the cash reserve ratio – the minimum amount of capital banks must...

Events

3 w. ago Tech hub Shenzhen launches plan to support consumption, exporters amid trade war

China’s top export city and tech hub, Shenzhen, is stepping up efforts to boost domestic consumption and support exporters amid a turbulent trade war between Beijing and Washington. “Consumption is the fundamental driving force behind economic growth and development,” according to a 39-point plan released by the Shenzhen Municipal Development and Reform Commission on Friday. Shenzhen will leverage its strategic strengths in four key categories: artificial intelligence (AI) terminals, smart home...

Events

3 w. ago China's central bank buys gold for seventh straight month in May

China's central bank buys gold for seventh straight month in May  CNBC

Economics