Tags » People's Bank Of China

China set for fresh injection of stimulus as growth slumps to six-year low

Weak GDP, industrial and consumption data for March confirm slowdown fears in the world’s second largest economy

People’s Bank of China could now move to cut interest rates to stimulate flagging economy Photo: Copyright (c) 2015 Rex Features. 413 more words

Renminbi’s coming of age

Driven by a sense of pride for being able to own an international currency as well as a surplus of more than 3 trillion US dollars1, China has been for years now pushing hard towards internationalization of Renminbi . 740 more words


Chinese Borrowers Shift Away From Hong Kong

Companies change stance as borrowing conditions improve at home

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A worker lays cable on a Cnooc oil rig in September. 858 more words

China's International Payments System Ready to Go / Sputnik International


The launch of the China International Payment System (CIPS) will open the way for the yuan to go international and increase its global usage by cutting transaction costs and processing times. 116 more words



A modest bidding war has broken out among the retailers who hire from the bottom of the labor pool, buoyed in part by improving sales…Turnover in the retail sector has been steadily rising and now stands at 5 percent a month.   483 more words

China’s Manufacturing Gauge Strengthens in February

HSBC China Manufacturing Purchasing Managers’ Index rises to a final reading of 50.7 in February.

BEIJING—A gauge of China’s factory activity improved in February, reflecting stronger output and domestic demand but the outlook for exports remained dim.

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China’s monetary policy - Elusive prudence

Economist: CHINESE monetary policy is rarely straightforward. This weekend’s interest cut was no exception. The third loosening move in little more than three months, it should be evident that China is now in all-out easing mode. 173 more words