(Bloomberg) — China’s central bank cut the amount of cash most banks must hold in reserve, providing a liquidity boost to a slowing economy facing a worsening property slump and putting China on a clearly different policy trajectory than many other central banks.Most Read from BloombergThe Hot New Trend For Hedge Funds Is—Finally—Female FoundersAutomating the War on Noise Pollution‘Ghost Signs’ Haunt London’s Reviving NeighborhoodsThe People’s Bank of China will reduce the reserve requirement r
— Read on ca.finance.yahoo.com/news/china-cuts-requirement-ratio-economy-092621611.html
Tag: China
China Evergrande Pays Overdue Interest, Avoids Default – Bloomberg
China Evergrande Group again averted a default in its biggest test since a liquidity crunch at the property developer began earlier this year, just as the nation’s efforts to limit fallout from the crisis gather steam.
— Read on www.bloomberg.com/news/articles/2021-11-10/evergrande-said-to-pay-delayed-interest-on-at-least-two-bonds
China’s Inflation Risks Build as Producers Pass on Higher Costs
(Bloomberg) — Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast.Most Read from BloombergWhy Hong Kong Is Building Apartments the Size of Parking SpacesWhere Did All the Public Bathrooms Go?Do Prisons Deserve a Second Chance?COP26 Protests: Inflatable Cows, Megaphones and a RainbowChina’s inflation risks are building as producers pass on higher costs to consumers, reigniting a debate over whether the central bank has scope to ease monetary policy to
— Read on ca.finance.yahoo.com/news/china-factory-inflation-surges-26-021637673.html
Evergrande faces biggest payment test yet as grace periods end – BNN Bloomberg
Evergrande faces biggest payment test yet as grace periods end – BNN Bloomberg
— Read on www.bnnbloomberg.ca/evergrande-faces-biggest-payment-test-yet-as-grace-periods-end-1.1679146
Fed says China’s real estate troubles could spill over to the U.S.
The Federal Reserve warned in its latest financial stability report of how stress in China’s real estate industry could affect the U.S. financial system.
— Read on www.cnbc.com/2021/11/09/fed-says-chinas-real-estate-troubles-could-spill-over-to-the-us.html
China’s Stagflation Risk Builds as Growth Slows: Eco Week Ahead
(Bloomberg) — Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast.Most Read from BloombergWhere Did All the Public Bathrooms Go?What It Means to Design a Space for ‘Care’COP26 Protests: Inflatable Cows, Megaphones and a RainbowThe Rising Pacific Forces a Native Village to Move. Who Will Pay?‘Airbnb Queen’ Says She’s Caught Up in Platform’s New York FeudChina’s inflation risks are building while new Covid-19 outbreaks are dimming the outlook for econom
— Read on ca.finance.yahoo.com/news/china-stagflation-risk-builds-growth-210000877.html
China’s digital yuan is gaining traction
The U.S. dollar remains the world’s de facto monetary reserve, but with China going full speed ahead with its digital yuan, the U.S. dollar faces a challenge: follow the trend, find a better alternative or risk losing its place in the world economy.
— Read on www.cnbc.com/video/2021/07/24/chinas-digital-yuan-is-gaining-traction.html
China crackdown rout spreads amid fears of foreign selloff – BNN Bloomberg
China crackdown rout spreads amid fears of foreign selloff – BNN Bloomberg
— Read on www.bnnbloomberg.ca/china-crackdown-rout-spreads-amid-fears-of-foreign-selloff-1.1633193
China Just Cut Reserve Requirements for Its Banks. Why One Economist Is Worried. – MarketWatch
China’s broad-based RRR cut could be sending a troubling signal about its banks and economy. Plus, investment-newsletter commentary on the recent slide in…
— Read on www.marketwatch.com/articles/china-reserve-requirement-banks-51625878895
G7 Latest News: Updates from Saturday June 12, 2021. G-7 to Discuss China – Bloomberg
G7 Latest News: Updates from Saturday June 12, 2021. G-7 to Discuss China – Bloomberg
— Read on www.bloomberg.com/news/articles/2021-06-12/g-7-poised-to-counter-china-s-effort-to-gain-worldwide-influence