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CHEN YULU
China stocks slide to six-week trough as virus fears persistThe Shanghai Composite index closed 0.3% lower at 2,779.64, falling for the fifth trading day and hitting its lowest level since Feb. 4.- China is likely to see a ‘v-shaped’ recovery: PBOCChina is one of the few major economies in the world that have maintained normal monetary policy,” wrote Chen.
- China virus cases drop as foreign fears riseThe warning came as Europe saw its first deaths from the COVID-19 strain, which has now reached more than 25 countries and caused more than...
- China's Central bank quietly increases its power in battle to curb risksThe central bank raised short-term interest rates on March 16 in what economists said was a bid to stave off capital outflows
- PBOC Deputy governor says Beijing to improve offshore market policiesChen Yulu said at a conference in Beijing on Sunday, adding that the authority will improve the policy framework for the yuan’s offshore ma...
- China's currency Renminbi to become fourth most-used currency: ReportRMB is now the world's second trade-finance currency, fifth payment currency, and sixth foreign-exchange currency, said a report.
- China can go for more monetary easing policies, says top central bank officialChen Yulu, member of the Monetary Policy Committee of the People's Bank of China, said that there was plenty of room for more RRR cuts.
- China's RMB swiftly developing as major world currency: ReportChina renminbi is on track to become the third-largest international currency behind US dollar & euro within % yrs as the eastern nation ac...
- China's economy likely to bottom out in Q2China's economic expansion slid to 8.1% in the first three months of the year from a year earlier, the fifth quarterly deceleration.
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