China's central bank made the biggest daily cash injection into the banking system via open market operations in nearly three months on Monday, to ease pressure from rising cash demand towards the end ... ( read original story ...)
Shanghai’s leader calls tough Covid-19 curbs ‘correct’
He said Shanghai 'broke the repeated stalemate of the epidemic' and won the battle to defend itself. Read more at straitstimes.com. ( read original story ...)
Shanghai Continues to Make New Breakthroughs as Global Financial Hub
Shanghai has been in an all-out sprint towards turning itself into an international financial center over the past few years and the Chinese megacity continues to open-up its capital markets and ... ( read original story ...)
China Probes Nab Ex-Officials From Banking, Insurance Watchdog
China expelled two former officials at the banking and insurance regulator from the Communist Party and dismissed a third one from public office, as an anti-corruption campaign targeting the financial ... ( read original story ...)
Shanghai reports zero Covid after months
China reported zero new Covid-19 infections in Shanghai for the first time since March on Saturday, as the country’s latest outbreak subsides after months ... ( read original story ...)
China’s central bank, BIS set up renminbi liquidity arrangement
China's central bank said on Saturday it had signed an agreement with the Bank for International Settlements to establish a Renminbi Liquidity Arrangement (RMBLA) that will provide support to ... ( read original story ...)
Shanghai reports no new Covid cases for first time since March
The economic hub of Shanghai was forced into a months-long lockdown during a Covid surge this spring driven by the fast-spreading Omicron variant. Beijing also shuttered schools a ... ( read original story ...)