ADB: China’s growth outlook steady at 4.8% in ’24
The Asian Development Bank (ADB) kept its forecast of 4.8 per cent economic growth in China this year.
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China stimulus boosts Asian markets on Wednesday
Asian stocks rallied on Wednesday, buoyed by China's announcement of new stimulus measures to bolster its…
ADB raises Asia’s growth forecast to 5% in ’24
The Asian Development Outlook September 2024 revised upward its growth projection for developing Asia and the…
China plans 0.5% rate cut on existing home loans
The People's Bank of China (PBC) announced on Tuesday that it will lower mortgage rates on existing home loans to a…
China’s PBC offers 460b yuan off reverse repos
People’s Bank of China (PBC) announced on Tuesday a fourteen-day 460 billion-yuan reverse repo at an interest rate…
Oil up on Tuesday
Oil prices rose on Tuesday due to monetary stimulus from China and concerns over Middle East tensions potentially…
China’s c. bank offers 234.6b yuan via open market operations
The People's Bank of China (PBC) conducted open market operations totalling 234.6 billion yuan on Monday.
China’s manufacturing sector up 5.53% YoY in 8m ’24
China's manufacturing sector saw robust growth in the first eight months of 2024, with the number of enterprises…
French LVMH may be caught in EU-China trade crossfire
The French conglomerate Louis Vuitton Moet Hennessey (LVMH), led by Bernard Arnault, may become entangled in…
N. Korea seeks closer ties with China
North Korean leader Kim Jong-un expressed his desire to strengthen friendly relations with Beijing in a recent…