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China’s central bank asked its major lenders to raise the share of yuan when facilitating cross-border trade, in its latest ...
China's new bank loans tumbled more than expected in April as a protracted trade war with the United States further eroded the market's appetite during a typically slow month for loan demand. Chinese ...
Four of China’s largest state-owned banks said on Sunday they plan to raise a combined 520 billion yuan ($71.60 billion) in private placements from investors, including the finance ministry ...
Bank of China is showing that “green” is the color of future development by fostering rapid growth in its green finance business and supporting a range of sustainable projects at home and abroad. Bank ...
As China’s economy has descended into deflation, the central bank’s lack of urgency has been a source of frustration for many economists. Policymakers at the People’s Bank of China (PBoC ...
"But we don't envisage much of a pick-up in private sector credit demand." The People's Bank of China (PBOC) does not provide monthly breakdowns, but Reuters calculated the November figures based ...
China's central bank will not allow a significant decline of the yuan and has urged major state-owned banks to scale back U.S. dollar purchases. The order from Chinese officials comes as the yuan ...
Financial institutions are rethinking their China calls after a surprise trade truce between Washington and Beijing, raising both the country's growth forecasts as well as stock market outlooks.
China kept its key lending rates unchanged on Thursday, as Beijing juggles propping up growth and stabilizing its currency amid mounting trade frictions. The People's Bank of China held the 1-year ...