The economy’s main rate is its seven-day reverse repo rate, which it last cut from 1.7 percent to 1.5 percent in late September
Chinese economy
Latest in Chinese economy
China
China’s central bank cuts key interest rates to record lows, aims to boost sluggish economy
The one-year Loan Prime Rate was cut from 3.35% to 3.1%, while the five-year LPR was cut from 3.85% to 3.6%
China
China investors expect $283bn of new stimulus to boost economic confidence: Report
Beyond the amount of any fiscal package, the target of support will indicate where the government looks to steer its economy after years of debt-fuelled expansion through investment
China
Chinese markets reopen with a 10% jump after break; hits 2-year high
The markets, however, gave up a chunk of the gains following announcements on new revival plans
China
China maybe readying $1.4tr public spending plan to boost economy: Report
Earlier reports said China’s Ministry of Finance is planning to issue 2 trillion yuan of special sovereign bonds this year
China
China to inject $142bn of capital into state banks: Report
The move follows Beijing this week announcing some of the strongest measures in years to boost the country’s economic activity
China
China’s central bank announces major rate cuts, doubles EV subsidy
Lending rate for one-year medium term policy loans was cut by 20 basis points to 2.3%, the biggest rate cut since the world’s second-largest economy was slammed by the Covid-19 pandemic in 2020
China
China’s central bank lowers interest rate to support real economy
The move aims to strengthen counter-cyclical adjustments to better support the real economy
China
IMF boosts China 2024 growth forecast to 5%
The upgrade followed an IMF visit to China for a regular assessment
Abu Dhabi Investment Authority
Mubadala and Abu Dhabi Investment Authority join $8.3bn deal for Chinese mall giant
Mubadala and Abu Dhabi Investment Authority team up for $8.3bn China mall deal
China
China’s central bank cuts lending rate to boost economic growth
It is the largest cut to the rate since it was introduced in 2019
China
China cuts key interest rate to boost economy
Monday’s rate cut comes close on the heels of the central bank reducing the rate for its medium-term lending facility to financial institutions last Tuesday
China
China’s foreign trade soars to $2.81 trillion in H1 2023
China registered 540,000 foreign trade companies in the first half of 2023, a year-on-year increase of 6.9 percent
China
China’s economy shows resilience with 6.3% growth in Q2 2023
The economic growth announced by the country’s statistics office on Monday surpassed the 4.5% rise in the first quarter
bilateral cooperation
Saudi, Chinese companies sign 34 investment deals on the sides of Xi Jinping’s visit
The agreements covered several sectors in the fields of green energy, green hydrogen, photovoltaic energy, information technology, cloud services, transportation and logistics
China economy
A fresh look at Chinese equities
Global markets are all in the red with slowing economy, rising inflation, and radical policy tightening. Is there somewhere to hide? It may be time to reconsider the case for Chinese equities