Showing posts with label People's Bank of China. Show all posts
Showing posts with label People's Bank of China. Show all posts

Friday, May 22, 2015

China's factory activity contracts for third month

China's manufacturing sector contracted for a third straight month in May as output shrank at the fastest rate in a year, a private survey showed on Thursday.

Monday, January 12, 2015

China central bank to maintain 'prudent' monetary policy in 2015

(Reuters) - The People's Bank of China will continue to maintain "prudent" monetary policy in 2015, keeping credit growth stable while having its hands free to fine-tune policy when necessary, the regulator said in an online statement on Friday.

Thursday, November 27, 2014

China won't consider more rate cuts or easing until fourth quarter data out: official

(Reuters) - China's central bank will wait until fourth-quarter economic data is out and monitor U.S. and Japanese monetary policy before considering any more rate cuts or easing, a central bank adviser said on Tuesday.

Monday, October 13, 2014

Chinese Premier says economy will avoid hard landing

(Reuters) - China will avoid a hard landing despite worries over a slowdown in the world's number two economy and a flagging real-estate market, the country's Premier Li Keqiang said in a speech in Germany on Saturday.

Wednesday, July 2, 2014

China manufacturing growth hits six-month high in June

China's manufacturing activity grew at its fastest pace for six months in June, suggesting that recent stimulus moves have started to have an impact.

Sunday, March 2, 2014

China targets speculators as yuan slides again

China let its currency fall sharply again Friday, sending another clear message to speculators that the yuan is not a one-way bet.

Monday, August 19, 2013

China wants fewer curbs in free trade zones to lure foreign investment

BEIJING: China hopes to suspend its laws governing foreign investment in proposed free trade zones, the cabinet said, in a sign the world's second-biggest economy could open further to foreign competition.

Thursday, March 7, 2013

China property curbs may trigger home buying rush

HONG KONG: China's property-related shares fell by the most in nearly five years on Monday on plans to tighten curbs on the housing market, though some economists predict a near-term spike in existing home prices, at least until local governments work out how to implement the changes.

Monday, November 12, 2012

China turns corner on economy as party chooses new leaders

(Reuters) - China announced on Saturday that it is effectively turning the corner on the economy and likely to meet its growth target for the year, more good news for Communist Party policy makers meeting in Beijing to anoint new leaders for the next decade.

Friday, August 10, 2012

Chinese inflation hits fresh 2-1/2 year low

NEW YORK (CNNMoney) -- Prices continued to decline in China last month, clearing the way for the country to ramp up its stimulus efforts.

Monday, August 6, 2012

China to speed-up fine tuning of monetary policy

China's central bank has pledged to intensify its monetary policy fine-tuning in the second half of this year and improve credit policy to bolster the real economy.

Saturday, July 7, 2012

Asia stocks fall despite global stimulus measures

SINGAPORE (AP) — Asian stocks were lower Friday as investors brushed off monetary stimulus measures by China, Europe and Britain as insufficient to reverse a global economic slowdown.

Wednesday, June 20, 2012

China Housing Prices Decline at Gentler Pace

SHANGHAI—Average housing prices in China fell in May at a gentler pace for a second consecutive month, signaling that the decline in property prices is stabilizing in response to government measures.

Monday, June 11, 2012

China's Inflation Slowed in May

BEIJING—Inflation in China slowed significantly in May, giving Beijing additional room to loosen policy and stimulate growth.

Wednesday, May 30, 2012

China and Japan to start direct yen-yuan trade in June

China will allow direct trading of the yuan and the Japanese yen, in a move aimed at promoting trade between Asia's two biggest economies.

Wednesday, May 16, 2012

China growth to bottom in Q2, 100 basis points RRR cuts seen: Poll

BEIJING: China is likely to cut the amount cash lenders must hold as reserves by another 100 basis points this year and lean more on fiscal policy to support the economy's growth, which is likely to bottom out in the second quarter at 7.9 per cent year on year, a poll shows.

Wednesday, February 29, 2012

People's Bank of China may cut interest rates this year to boost growth: Report

BEIJING: China's central bank, People's Bank of China, may cut interest rates by 25 basis points each in the second and third quarter to revive the economic growth which is impacted by slowdown in eurozone and the US, a research note said here.

Tuesday, February 7, 2012

China growth could halve if Europe crisis worsens: IMF

BEIJING: China's annual economic growth could be cut nearly in half this year if Europe's debt crisis tips the world economy into a recession, putting pressure on Beijing to unveil "significant" fiscal stimulus, the International Monetary Fund said.

Wednesday, January 18, 2012

Newsmaker: Long trek from clerk to chairman of China's AgBank

(Reuters) - The new chief of Agricultural Bank of China (601288.SS) (1288.HK) brings no-nonsense flair and a strong track record in bank overhauls to the helm of the lumbering Chinese lender where he started out years ago as a filing clerk.

Friday, January 13, 2012