(Bloomberg) China’s central bank has reduced the rate on the shorter-term emergency policy loan or standing lending facility by 10 basis points to 2.9%. The central bank also cut the…
(Bloomberg) Bloomberg’s index of stocks of China’s real estate rose 4.1% on Wednesday on reports the regulators are considering easing curbs on access to funds tied in escrow for pre-sold…
(Reuters) Starbucks has partnered with China’s leading food delivery entity Meituan for the distribution of coffee as it seeks to grow Covid-19 hit sales in its second-biggest market. Chinese consumers…
(NBS) China’s economy expanded by 4% in the fourth quarter of 2021 from the prior year, faster than the projected growth of 3.6%. For the full year 2021, the economy…
(Bloomberg) China’s 10-year government bond yield fell by two basis points to 2.78% as the central bank cut its interest rate on one-year policy loans by 10 basis points. The…
(NBS) China posted a trade surplus of $676.43 billion in 2021, up from $523.99 billion in the prior year and the highest on the series record since 1950. In the…
(NBS) China’s producer prices rose at an annual rate of 10.3% in December, slower than 12.9% the previous month and below the expected 11.1% increase. The slow increase in producer…
(Bloomberg) Daiwa Capital Markets analyst Dennis Ip projects record low polysilicon prices in 2023, amid several projects coming up in China to address shortage. IP’s comments come when China is…
(Markit) Output among service providers in China increased in the last month of 2021, with the activity index reaching 53.1 from 52.1 in November. Output in the service sector has…
(People’s Daily) China is edging closer to the rollout of a digital yuan after launching a pilot version of the currency, which can be downloaded on Apple and Android App…
(CNBC) The Cyberspace Administration of China will compel firms holding personal information of at least one million users to seek network security review before listing overseas. The directive, effective on…
(Global Times) China has lifted restrictions that limit foreign ownership in passenger car manufacturers. The National Development and Reform Commissions also removed restrictions on the creation of two or more…