The People's Bank of China, the nation's central bank, routinely intervenes to calibrate demand and supply in the money market. It does so mainly through daily reverse repo operations, as well as ... ( read original story ...)
Back from summit with Biden, Xi heads to Shanghai to boost business confidence
Xi's first visit to Shanghai where he was previously the CPC’s boss comes close to his successful visit to the US this month where he had a “strategic and historic” summit with US President Joe Biden ... ( read original story ...)
9 Ways the Pandemic May Have Led to Precocious Puberty
During the pandemic, rates of precocious puberty increased in many countries, sometimes by three-fold. Researchers identified possible reasons for the phenomenon, including sedentary lifestyles. Given ... ( read original story ...)
METALS-Shanghai nickel slumps to 16-month low on tepid demand, higher supply
Nickel prices in Shanghai slumped to a 16-month low on Monday, pulled down by waning demand from the stainless steel sector and higher supply in China, the world's biggest consumer of the metal. The ... ( read original story ...)
China investors face tens of billions in losses over shadow bank Zhongzhi
More than three quarters of investor cash would be lost, according to one scenario. Read more at straitstimes.com. ( read original story ...)
Back from summit with Biden, President Xi heads to Shanghai to boost business confidence
Observers say China’s current economic woes were largely attributed to Xi's emphasis more on security issues denting business confidence. ( read original story ...)
China Unicom Picks GM to Fill Chairman’s Shoes
(Yicai) Nov. 27 -- China Unicom has appointed General Manager Chen Zhongyue as its next chairman after the former chief left to lead the new National Data Bureau in July, one of China’s three big ... ( read original story ...)