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The move is likely aimed at cushioning against an emerging cash crunch as trade tensions simmer.
A new round of “China shock” appears to be under way as Beijing doubles down on manufacturing and exports to offset the drag ...
China’s central bank added 1 trillion yuan ($139 billion) of three-month funds into markets on Friday, following a surprise ...
US tariffs and the ensuing trade tensions are likely to indirectly impact China's state-owned, global systemically important ...
A slew of major global banks are under fresh pressure to trim costs against the backdrop of deteriorating global economic ...
Discover how Chinese banks' net interest margins are evolving post-LPR reform and what it means for investment opportunities ...
Bank of Korea Governor Rhee Chang-yong said the outcome of trade negotiations between the US and China will have an impact ...
Audio snippets subject to human review; Huawei employees help African governments’ spying; major vulnerabilities revealed in U.S. fighter jets; China’s central bank close to releasing digital ...
But NZIER says recent volatility in global markets following the US-China tariff conflict has heightened uncertainty, creating new risks to the growth outlook. Meanwhile, economists broadly expect the ...
China told its biggest banks to increase the use of the yuan in trade with foreign partners, raising the required ratio to 40 ...
Zhou, 63, holds a doctoral degree in economics from the Chinese Academy of Social Sciences and joined Bank of China in 1995.
[BEIJING] China will appoint financial veteran Liu Guiping as chairman of Bank of China (BOC), the nation’s fourth-largest state-owned bank, two sources with knowledge of the matter said. Liu, who ...