Global Market | China’s slower loan growth is becoming the new normal: PBOC Governor Pan GongshengChina’s slower loan growth is emerging as a new normal as weakening property and local government sectors reduce credit demand faster than ...
16 Sep, 2026, 02.13 PM IST
China-US spat at G20 largely came down to dispute over one wordA G20 finance meeting saw US and Chinese officials disagree over trade language. The core dispute centered on the phrase "non-market" polic...
03 Sep, 2026, 11.08 AM IST
Scott Bessent urges G20 to push China to curb exports, boost domestic demandUS Treasury Secretary Scott Bessent will urge G20 members to re-examine trade terms with China. He aims to shrink global imbalances and pre...
31 Aug, 2026, 09.22 AM IST
Shanghai plans subsidies to kick start dormant offshore debt market: ReportShanghai is rolling out new subsidies to lure offshore bond issuers into its free trade zone. This initiative aims to invigorate the curren...
28 Aug, 2026, 01.37 PM IST
Tariffs ate 61% of fresh loans in China in AprilFinancial institutions offered ¥285 billion ($40 billion) of new loans in the month, a drop of 61% from a year earlier to the lowest level ...
14 May, 2025, 11.28 PM IST
China cuts benchmark loan prime rates by 25 bpsThe one-year loan prime rate (LPR) was lowered by 25 basis points to 3.10 from 3.35%, while the five-year LPR was cut by the same margin to...
21 Oct, 2024, 09.15 AM IST
China cuts another key interest rate to boost economyChina's central bank on Wednesday said it would slash another key interest rate, a day after it unveiled a raft of new measures aimed at bo...
25 Sep, 2024, 08.13 AM IST
Xi Jinping’s economic adrenaline shot is only buying China a little timeChinese central banker Pan Gongsheng has launched a significant policy campaign to boost the economy, including interest rate cuts and ince...
24 Sep, 2024, 09.18 PM IST
China unveils fresh stimulus to boost ailing economyChina has announced significant measures to boost its struggling economy, including cutting rates and lowering mortgage interest rates. The...
24 Sep, 2024, 01.13 PM IST
China unveils fresh stimulus to boost economy: To cut mortgage rates amid property crisisChina's central bank on Tuesday unveiled fresh measures to boost the struggling economy, cutting the amount of cash banks must hold in rese...
24 Sep, 2024, 07.25 AM IST
PBOC cuts short-term rate ahead of briefingThe decision to lower the 14-day reverse repurchase rate to 1.85% from 1.95% came ahead of the National Day Holiday that will last seven da...
23 Sep, 2024, 11.45 PM IST
China's central bank to plan additional policies to support growthThe People's Bank of China (PBOC) will strengthen efforts to effectively implement monetary and financial policies that have been introduce...
16 Aug, 2024, 12.42 AM IST
China central bank boss says no major stimulus to boost economyThe country's recovery from the impact of Covid has slowed in the months since it abruptly lifted tough restrictions in late 2022, with a p...
19 Jun, 2024, 11.28 AM IST
IMF Managing Director had 'productive' talks with Chinese premierIMF Managing Director Kristalina Georgieva had a "productive" discussion with Chinese Premier Li Qiang. Georgieva was visiting China throug...
01 Sep, 2023, 02.19 PM IST
China names Pan Gongsheng to lead central bank, succeeding Yi GangChina's Communist Party has named Pan Gongsheng as the central bank governor, succeeding Yi Gang. Pan is a veteran of China's state-owned b...
25 Jul, 2023, 05.33 PM IST
China gets nod to join FTSE Russell's trillion-dollar WGBI clubThe CGBs will be included in the index from October 2021, pending an affirmation on March 2021. The addition will be phased into the index ...
25 Sep, 2020, 01.49 PM IST
- China's largest bank ICBC looking for more acquisitions
China's largest bank, ICBC, is on the prowl for acquiring more foreign banks, including the ones in the US currently hit by the sub prime c...
25 Jan, 2008, 12.38 PM IST