SHANGHAI China's central bank extended 200 billion yuan (£22 billion) through its medium-term lending facility on Friday, the second time it has done so this month, while keeping the lending rate unchanged.
SHANGHAI Global trade barriers must be removed, and countries should uphold basic multilateral trade principles while standing firm against protectionism, Chinese President Xi Jinping said on Tuesday.
SHANGHAI China's central bank on Thursday confounded market expectations that it would issue targeted medium-term loans in October, adding to uncertainty over how policymakers plan to stabilize the economy as growth nears 30-year lows.
SHANGHAI/BEIJING Thousands of Chinese fans cheered and clapped through an NBA exhibition game in Shanghai on Thursday after days of controversy and online vitriol over a now-deleted tweet by a team manager backing anti-China protests in Hong Kong. | Video
SHANGHAI/HONG KONG China's yuan fell to an 11-year low against the dollar on Monday and stocks dropped as the Sino-U.S. trade war sharply escalated, threatening to inflict more damage on the world's largest economies.
SHANGHAI/HONG KONG, Aug 26 China's yuan fell to
an 11-year low against the dollar on Monday and stocks dropped
as the Sino-U.S. trade war sharply escalated, threatening to
inflict more damage on the world's largest economies.
SHANGHAI/BEIJING China lowered its new lending reference rate slightly on Tuesday, as expected, as the central bank kicked off interest rate reforms designed to reduce corporate borrowing costs in the world's second-largest economy.
SHANGHAI/BEIJING China's central bank pushed out long-awaited interest rate reforms on Saturday by establishing a reference rate for new loans issued by banks to help steer corporate borrowing costs lower and support a slowing economy.