China’s major banks move to support yuan
China's major state-owned banks are tightening liquidity in the offshore foreign exchange market to support the…
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China
China’s PBOC keeps LPR unchanged at 3.45%
The People's Bank of China (PBOC) left the one-year loan prime rate (LPR) unchanged at 3.45 per cent in line with…
China’s population shrinks, birth rate drops – NBS
In 2023, China’s population decreased by 2.08 million, or 0.15%, settling at 1.409 billion, as reported by Reuters…
China plans to issue bonds to boost economy
China is considering one trillion yuan ($139 billion) of new debt issuance under a special sovereign bond plan, as…
Yuan falls against dollar after PBOC holds rate
China’s yuan fell on Monday to a one-month low of 7.1813 per dollar after the People’s Bank of China (PBOC) left…
India mulls customs duty cuts on cell phone parts
India is looking to reduce import duties on parts that are essential to making high-end smartphones which could…
China auto exports surge 58% in ‘23
China’s auto exports surged 58 per cent last year to 4.91 million units, Bloomberg reported citing China…
China services sector expands in December – survey
The Caixin China General Services Business Activity Index recorded 52.9 in December, rising 1.4 points from 51.5 in…
BRICS expands: Egypt and 4 more countries to join as of January 1
The BRICS group is doubling its membership on January 1, as the UAE, Saudi Arabia, Egypt, Iran, and Ethiopia will…
Russia’s oil exports to China hit 50% in 2023
Russian Deputy Prime Minister Alexander Novak stated on Wednesday that China received half of Russia’s oil and…
