China’s central bank announced a reshuffle of its monetary policy committee (MPC), adding securities regulator head Wu …
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The People’s Bank of China (PBC) announced on Tuesday that it injected 5 billion yuan into the …
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BanksFeatureInternational NewsMoneyNews
China likely to keep rates unchanged on Wed. – poll
by Nada Aliby Nada AliChina is expected to keep benchmark lending rates unchanged on Wednesday, according to a Reuters survey released …
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FeatureFinancial InstitutionsInternational NewsMoneyNews
China tightens rules for consumer finance firms, eyes economic recovery
by Nada Aliby Nada AliChina has introduced stricter rules for consumer finance firms for the first time in a decade, raising …
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Fidelity International Limited (FIL) is reportedly initiating layoffs at its primary China division, aligning with a broader …
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BanksFeatureInternational NewsMoneyNews
China’s Central Bank implements reverse repo to add liquidity
by Aya Anwarby Aya AnwarChina’s central bank (PBOC) conducted a 7-day reverse repurchase agreement amounting to 10 billion yuan (approximately $1.41 …
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FeatureIndustry & TradeMoney
Xpeng enters price war, launches affordable EV brand
by Aya El Sayedby Aya El SayedXpeng, a Chinese EV maker, announced its plan to launch a more affordable brand, marking its entry …
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BanksFeatureInternational NewsMoneyNews
CBOC likely to maintain key policy rate
by Aya Anwarby Aya AnwarBank of China is expected to maintain its key policy rate as it renews medium-term loans, influenced …
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FeatureInternational NewsMiningNewsTech/AI
China’s lithium boom slows as price slumps hit high-cost miners
by Nada Aliby Nada AliA drop in lithium prices is impacting China’s mining of the metal, used in electric car batteries, …
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FeatureInternational NewsMoneyNews
China pledges government funds to boost economy
by Nada Aliby Nada AliChina’s central government is providing funds to encourage consumers and businesses to replace old goods and equipment …