"Expectations of renminbi recovery may attract foreign capital inflows into renminbi-denominated assets, driving up their valuation level," Yang said, adding that the Fed rate cut will benefit the ...
After four miserable years, stock market in Hong Kong and mainland China are finally soaring, but whether benefits from the economic stimulus measures announced in September spread beyond stock ...
China’s central government has plenty of capacity to implement a counter-cyclical fiscal approach in addressing its economic slowdown. Net central government debt is very, very low.
The People's Bank of China on Wednesday cut its medium-term lending facility -- the interest for one-year loans to financial institutions -- from 2.3 percent to 2.0 percent. The rate was last ...
According to the People's Bank of China, the overnight rate was cut to 2.35%, and the seven-day and one-month rates were lowered to 2.50% and 2.85%, respectively. Advisory Alert: It has come to ...
The move by the People's Bank of China comes a day after President Xi ... given the many headwinds it faces. On Friday, it cut the reserve requirement ratio, which dictates how much lenders ...