Tags » People's Bank Of China

China cuts interest rates again to support economy

Reuters

BEIJING

A sign for pedestrians is seen in front of the headquarters of the People’s Bank of China, China’s central bank, in central Beijing November 24, 2014.  436 more words

The China Bubble is Bursting, Halleluyah!

I’ve been writing about this for a year and a half. It is finally happening. Chinese stocks are down another 7% today.

The last time I covered this was June 1 at… 204 more words

The Jewish Libertarian Blog

The disturbing signals behind China's steep drop-off in borrowing from foreign banks

China’s recent explosion of foreign borrowing appears to be reversing. According to just-released data (pdf) from the Bank of International Settlements, China’s outstanding overseas debt shrank abruptly in the last quarter of 2014. 460 more words

Behind the Chinese government's brazen bid to pump up its stock market

China’s stock market soared once again today, with the Shanghai Composite climbing 4.7%, and sound economic news wasn’t the wind beneath its wings—manufacturing data were decidedly mixed… 586 more words

China's Economy in April: Money supply grew at its slowest pace on record and investment growth sank to its lowest in nearly 15 years

Signs of deteriorating conditions abounded in the April data

BEIJING | By Kevin Yao

China’s money supply grew at its slowest pace on record and investment growth sank to its lowest in nearly 15 years as April data showed the world’s second-largest… 765 more words

Data over the weekend and what the Aussie dollar made of it:

US non-farm payrolls (employment) rose by 223,000 in April, near market forecasts and the unemployment rate fell from 5.5 per cent to a 4-year low of 5.4 per cent. 106 more words

AUD

China Cuts Rates for 3rd Time in 6 Months to Boost Economy

The Associated Press

For the third time in six months, China’s central bank is cutting interest rates to spur the country’s sluggish economy by giving state-owned financial institutes more flexibility in setting rates. 530 more words