Beijing will cut the amount of cash banks need to have on hand, known as the reserve requirement ratio, or RRR, by 50 basis ...

China's central bank will cut banks' reserve requirement ratio by 50 basis points and further reduce key interest rates to ...

The Automated Deposit cum Withdrawal Machine (ADWM) is a specialized ATM that allows customers to deposit cash into their ...

A s China’s economy has descended into deflation, the central bank’s lack of urgency has been a source of frustration.

China’s central bank unveiled a broad package of monetary stimulus measures to revive the world’s second-largest ...

The government is aiming for economic growth of around 5.0% for 2024, but some investment banks including Goldman Sachs, ...

Pan Gongsheng was axed from the Communist Party’s inner web last year. Then a slew of economic problems hit and the ...

The People’s Bank of China took more steps to boost its flagging economy, after a slew of downbeat indicators recently ...

China's central bank has announced far-reaching economic measures to address the country's weakening economy. People's Bank ...

The changes come as analysts question whether China can attain its growth target of “about 5 per cent” in 2024. Read more at ...

China’s central bank on Tuesday unveiled its biggest stimulus since the pandemic to pull the economy out of its deflationary ...

China's central bank on Tuesday unveiled a new package of monetary measures, led by significant reductions in existing ...