China's yuan eased against the dollar on Monday, but the size of the losses were capped as major state banks have increased their intervention in the markets to stabilise the local currency. State ... ( read original story ...)
Xi’s Call to Win Tech Race Points to New Wave of Chinese State-Led Spending
President Xi Jinping's call for China to "win the battle" in core technologies could signal an overhaul in Beijing's approach to advancing its tech industry, with more state-led spending and ... ( read original story ...)
UPDATE 1-China, HK stocks sag after Xi emphasises security, reiterates COVID stance
China and Hong Kong stocks fell on Monday, after Chinese President Xi Jinping talked up national security, while dashing hopes of any changes in growth-hitting zero-COVID policies and property sector ... ( read original story ...)
China c.bank rolls over policy loans to maintain liquidity, keeps rate unchanged
China's central bank rolled over maturing medium-term policy loans while keeping the interest rate unchanged for a second month on Monday, reinforcing expectations that conditions will continue to ... ( read original story ...)
China Central Bank Has Policy Tools to Guide Yuan Expectations – Ex-PBOC Official
China's central bank still has many policy tools to guide yuan expectations and the currency is unlikely to have persistent sharp depreciation, a former People's Bank of China (PBOC) official said. ( read original story ...)
China central bank rolls over policy loans for liquidity, keeps rate unchanged
China's central bank rolled over maturing medium-term policy loans while keeping the interest rate unchanged for a second month on Monday, largely in line with market expectations.The People's Bank of ... ( read original story ...)
Shanghai reports no symptomatic, 32 asymptomatic COVID cases for Oct 16
Shanghai reported no new domestically transmitted symptomatic coronavirus cases for Oct. 16, the same as a day earlier, and 32 local asymptomatic cases, up from 28 the previous day, the city ... ( read original story ...)