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BEIJING: China’s central bank injected medium-term cash into the financial system, in a push to keep borrowing costs stable as China’s economy continues its recovery from the virus pandemic.
China’s central bank injected medium-term cash into the financial system, in an effort to keep borrowing costs stable as China’s economy continues its recovery from the virus pandemic.
CORPORATE earnings will be a focus for investors in view of the economic data releases in the week ahead.
SHANGHAI: China’s robust economic momentum looks likely to have carried into the second quarter as its factory-led recovery broadened to the consumer – while further adding to global inflation pressures.
WHILE many central banks are still investigating the possibility of issuing a digital currency, China has rolled out a digital currency via a series of pilot programmes since last year.
CHINA, May 11, China Daily/ANN - China's digital RMB trial has for the first time included a privately owned bank, indicating a further expansion of applications and the country's firm attitude in driving the pilot program, analysts said.
BEIJING: China’s central bank is devising structural monetary policy tools that can provide direct support to the real economy in the pursuit of cutting carbon emissions.
LONDON/STOCKHOLM (Reuters) - The world's biggest central banks are revving up work on issuing digital cash, aiming to fend off emerging threats to traditional money and to make payments systems smoother.
BEIJING: Most of China’s financial banking institutions are safe from risks as of the fourth quarter last year, according to the central bank.
China population: birth control policies should be scrapped to retain economic edge over US, says central bank
The People’s Bank of China has recommended Beijing completely abandon birth control policies or lose its economic edge over the United StatesUnder current scenarios, China’s population could lose 32 million between 2019 and 2050, whereas the US will add 50 million, the central bank says