China's central bank stood pat on its medium-term policy rate for a sixth straight month on Friday, as expected, with investors believing that the bank intends to gradually normalise monetary policy ... ( read original story ...)
China central bank renews medium-term policy loans, rate unchanged for a sixth month
China's central bank rolled over maturing medium-term policy loans while keeping interest rate unchanged for a sixth straight month on Friday, matching market expectations.The People's Bank of China ... ( read original story ...)
Shanghai enters the metaverse: Economic boost or digital surveillance state?
The Shanghai Municipal People's Government has announced a ten billion yuan (US$1.4bln) metaverse fund as part of a wider roadmap to rejuvenate the flailing economy of China's most populous city. A ... ( read original story ...)
Shanghai steps up pace on readying five ‘new cities’ for investment
Take Shanghai Motor Vehicle Inspection Certification & Tech Innovation Center Co (SMVIC) for instance. It was officially approved in May to establish a measurement and testing center for the city's ... ( read original story ...)
China c.bank keeps medium-term policy rate unchanged for a sixth month
Adds details and comments SHANGHAI, July 15 (Reuters) - China's central bank stood pat on its medium-term policy rate for a sixth straight month on Friday, as expected, with investors believing that ... ( read original story ...)
China banks, property stocks slump
SHANGHAI/SINGAPORE: Investors dumped China’s banking and real estate stocks on Thursday, fearing deepening trouble in the property sector would begin to hit the financial system as a wave of ... ( read original story ...)
Why better times may be ahead for China’s stock market
China’s hard line on COVID-19 outbreaks is among the strictest in the world. The lockdown of Shanghai, which began on March 28 and lasted through much of May, provided an extreme example, and the ... ( read original story ...)