Fact Box: Five Key Elements of Xiongan New Area

Economic zone 100 km south of Beijing to take over city's ‘noncapital functions’

11 25, 2022 19:30 PM

PBOC to Cut Banks’ Reserve Requirement Ratio to Support Economy

The 25 basis-point reduction, effective Dec. 5, follows a cut of the same magnitude in April, and will free up around $70 billion of cash for lending

11 25, 2022 05:18 AM

China Bond Rally Fades as PBOC Easing Cycle Seen Nearing an End

Bounce from Wednesday signal of lowering bank reserve requirements gives way to concerns about monetary tightening to counter inflation

11 24, 2022 21:01 PM

China’s ‘Big Six’ State Banks Offer Developers $130 Billion in Credit Lines

While the measures mark a positive signal for the sector, some industry insiders say that only stronger or state-owned players will stand to benefit

11 21, 2022 19:59 PM

China Withdraws Cash From Banking System as Bond Sell-Off Cools

The central bank net drained 2 billion yuan, the first time since Nov. 9, after injecting 368 billion yuan last week

11 21, 2022 10:12 AM

CX Daily: China’s Covid Caseload Hits Six-Month High As Big Cities Suffer Flare-Ups

Xi Jinping says China will consider hosting the third Belt and Road Forum for International Cooperation next year.

11 19, 2022 10:30 AM

Weekend Long Read: How China’s ESG Policy Is Progressing

The Chinese market still enjoys considerable room for growth, and top-down policies remain the most important force driving development of the sector

11 18, 2022 21:31 PM

Caixin Summit: Overconfidence About Renewables Contributed to China’s Power Crunch Last Year, Ex-PBOC Chief Says

The country’s energy supply ‘was more vulnerable than we had imagined,’ Zhou tells forum

11 18, 2022 13:35 PM

China’s Money Markets Ease as PBOC Acts to Avoid Liquidity Shock

Central bank cash injections leave the cost of overnight interbank funding poised for its biggest weekly drop in six weeks

11 17, 2022 20:27 PM

Opinion: The Yuan’s Status as a Reserve Currency Could Improve

After the recent turmoil in forex markets blows over, central banks around the world will be likely to reduce their holdings of the yen, pound and even the euro, allocating more assets to the more stable yuan

11 16, 2022 08:50 AM

CX Daily: The Secrets Behind a Chinese Banking Superstar’s Fall

Xi raises the Anti-Secession Law in talks with Biden about Taiwan, the Chinese foreign minister says

11 15, 2022 17:08 PM

China Retail Sales Shrink as Covid Flare-Ups Strain Economy

Consumer purchases shrank for the first time since May, falling 0.5% from a year earlier as worsening outbreaks hurt consumer sentiment and disrupted businesses

11 15, 2022 15:41 PM

China Injects Enough Cash in System to Help Snap Bond Slump

Government bonds had suffered their biggest sell-off since late 2016 following fresh property support measures and tweaks to China’s Covid policy

11 15, 2022 05:33 AM

China Regulators Roll Out Property Rescue for Embattled Developers

PBOC and banking watchdog release 16-point financial plan to help real estate companies secure financing to finish construction projects

11 11, 2022 18:43 PM

China’s Bank Loans Lowest Since 2017 as Economy Slows

Lending and overall credit growth slumped in October, suggesting a further slowdown in the world’s second-largest economy

11 11, 2022 18:07 PM

China Green Bulletin: Chinese, U.S. Climate Envoys Meet at COP27

Xie Zhenhua emphasizes at the annual global meeting that the door is always open on the Chinese side for a joint effort to promote a climate agenda

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