◦ Bank of China
China lowers MLF interest rate to reduce financing costs - China Finance News
Finance

China lowers MLF interest rate to reduce financing costs

The Peoples Bank of China PBOC on Thursday also pumped 200 billion yuan US 28.
China cuts benchmark lending rate LPR - China Finance News
Finance

China cuts benchmark lending rate LPR

The monthly released data is a pricing reference rate for banks and is based on rates of the Peoples Bank of China PBOC s open market operations.
China's central bank lowers collateral requirement for medium-term lending facility - China Finance News
Finance

China's central bank lowers collateral requirement for medium-term lending facility

The move aims to increase the size of tradable bonds and ease the pressure on supply and demand of bonds in the market the Peoples Bank of China said in a statement on its website.
A fascinating neighborhood on the banks Suzhou Creek - Lifestyle in China
Lifestyle

A fascinating neighborhood on the banks Suzhou Creek

A must see is the typically British circle Fuzhou Road and Jiangxi Road with the newly renovated former home of the Shanghai Municipal Council a five story neoclassical building...
China's yuan loans grow by 13.27 trillion yuan in H1 - China Finance News
Finance

China's yuan loans grow by 13.27 trillion yuan in H1

The M2 a broad measure of money supply that covers cash in circulation and all deposits climbed 6.
Shanghai takes big steps on payment convenience for foreign visitors - China Economy News
Economy

Shanghai takes big steps on payment convenience for foreign visitors

Shanghai completed more than 22 million transactions for foreign tourists in the first half of 2024 representing an astonishing seven times increase according to the Shanghai headquarters of the Peoples Bank of China...
China's foreign exchange reserves reach US$3.2224t - China Finance News
Finance

China's foreign exchange reserves reach US$3.2224t

According to data released Sunday by the Peoples Bank of China the countrys gold reserves remained unchanged in June at 72.8 million ounces equivalent to about US 169.7 billion.
CCG Expo celebrates 20th anniversary with Shanghai's anime, gaming enthusiasts - China In Focus News
In Focus

CCG Expo celebrates 20th anniversary with Shanghai's anime, gaming enthusiasts

Turning 20 this year the expo features nearly 1 000 anime and gaming works from new and returning collaborators such as Tencent Video Kingnet Giant Network Medialink Baijiahe XBOX Webtoon KKWORLD MINI Bank of China...
China's central bank stresses implementation of prudent monetary policy - China Economy News
Economy

China's central bank stresses implementation of prudent monetary policy

The central bank has used a mix of policy tools such as interest rates the required reserve ratio and central bank lending providing support for the real economy forestalling financial risks and creating a sound monetary and financial environment for economic recovery said the Monetary Policy Committee of the Peoples Bank of China...
Lujiazui Forum addresses silver economy and finance for elderly care - China Economy News
Economy

Lujiazui Forum addresses silver economy and finance for elderly care

Gu Shu chairman of the Agricultural Bank of China said that as a bank it should make the use of social security cards and health insurance cards more convenient such as having one...
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