Business Times2h
PBOC signals unease with yuan weakness spurred by tariff threat
China indicated its discomfort with yuan weakness through its daily reference rate for the currency amid the threat of higher ...
PBOC Sticks With Yuan Support In Face of Resurgent Dollar
China moved to support the under-pressure yuan for a second day, through its daily reference rate for the managed currency.
China's 12 Trillion Yuan Debt Swap To Ease Local Debt, Pressure Bank Margins
China's 12 trillion yuan debt swap program is set to pressure banks' net interest margins while helping lenders conserve ...
Global Times1h
First trial of former ICBC vice president opens, charged with bribery exceeding 177m yuan
a former vice president of the Industrial and Commercial Bank of China (ICBC) on Thursday, as Zhang was charged with ...
What you need to know about China's $1.4 trillion debt package
China unveiled a 10 trillion yuan ($1.4 trillion) debt package on Friday to ease local government financing strains and ...
The Peninsula2d
China's Yuan loans grow by $2.3 trillion in first 10 months
Beijing: China s yuan denominated loans rose by 16.52 trillion yuan (about $2.3 trillion) in the first 10 months of 2024, ...
Global Times1d
China-APEC trade surpasses 21 trillion yuan in first 10 months of 2024, setting a new record high
China's trade with Asia-Pacific Economic Cooperation (APEC) economies reached a historic high, surpassing 21 trillion ...
China Stimulus Update: Debt Swap Program Underwhelms Investors
By Alexander CousleyThe last three months have seen bursts of excitement that the Chinese government was about to open the ...
China's JD.com struggles to shake off consumption weakness, misses revenue estimates
A prolonged property sector crisis, a macroeconomic slowdown and heightened job insecurity have hammered consumer confidence ...
China's October new lending tumbles more than expected despite policy support
New bank lending in China fell more than expected in October from the previous month and trailed behind analysts' ...
Yuan Strengthens Slightly, Aided by PBOC’s Stronger-Than-Expected Fixing
The Chinese yuan strengthened slightly against the U.S. dollar in onshore and offshore markets, helped by the PBOC’s stronger-than-expected yuan fixing earlier.