BEIJING (Reuters) – China should shift the focus of its stimulus from investment to consumption and further loosen urban residency curbs to boost migrant workers’ spending power, a central bank …
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(Reuters) – The yuan’s 5% fall against the dollar in the last three weeks has raised speculation over when and how the People’s Bank of China (PBOC) might act to …
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SINGAPORE – China’s central bank on Wednesday pledged monetary policy support to ensure ample liquidity, help businesses badly hit by the latest COVID-19 outbreak in the country and support a …
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SHANGHAI – China’s central bank said it will adjust the legal framework around financial credit-scoring if needed, state media reported, an indication authorities may tweak guidelines for fintech firms on …
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BEIJING – Mergers and acquisitions in the Chinese property market will help firms lower their debt, Zou Lan, head of financial markets at the People’s Bank of China (PBOC), said …