China’s Central Bank Injects US$8b Into Market
The People’s Bank of China, China’s central bank,(FXI, quote) has injected 50 billion yuan (US$8.2 billion) into the money market through open market operations, it announced on Tuesday.
FXI
China, Australia Sign Free Trade Agreement
China and Australia signed a long-awaited Free Trade Agreement (FTA) on June 17 in Canberra, Australia.
China ‘Still Set For Healthy Growth’
Premier Li Keqiang said China is confident of keeping its annual growth rate around 7 percent for a fair period of time by persisting with its reform and opening-up and tapping its huge potential.
China’s Inflation Edges Down To 1.2% In May
China’s consumer price index (CPI), a main gauge of inflation, grew 1.2 percent year on year in May, the National Bureau of Statistics (NBS) said on Tuesday.
Alibaba Taps ‘She Power’ In Entrepreneurship
The rapid development of new technology and the widespread use of the Internet will help more Chinese women to become entrepreneurs, a conference packed with famous names was told on Wednesday.
More Countries Say To Join China-led AIIB
The AIIB has drawn a cool response from the United States, despite which European US allies including Britain, France, Germany and Italy have already announced they would join the bank.
Europe Likely To Send Hot Money To China
Dramatic monetary policies in Europe have lots of potential to create a new surge of hot money inflow into China, says Simon Derrick, chief currency strategist at the Bank of New York Mellon.
China And Asia Said To Lead ETFs
China and Asia are expected to lead the growth of exchange-traded fund markets in the next five years as the ETF markets continue to open amid an improving regulatory environment, a report said yesterday.
China Cuts RRR by 50 Basis Points
China’s central bank on Wednesday decided to lower the reserve requirement ratio (RRR), the minimum level of reserve banks must hold, by 50 basis points from Feb. 5.
Falling Oil Price Benefits Chinese Consumers
Mohit Jayachandran is breathing a sigh of relief. The 30-year-old engineer with Fluor Daniel, a multinational engineering and project management company in Gurgaon, near India’s capital New Delhi, says he will be having a decent end-of-year vacation this time, after a long year.