In addition, People's Bank of China Governor Pan Gongsheng announced plans to cut the reserve requirement ratio (RRR) by 0.5%, injecting 1 trillion yuan of long-term liquidity into the market. The ...
Despite the weak economy, PDD has been delivering strong growth, showing that its social commerce model enables it to ...
U.S. listed shares of Chinese companies, China-focused exchange traded funds, casino firms and commodity-linked stock all jumped on ...
It was a dream final result for Chinese tennis fans at the 2024 Chengdu Open as rising star Shang Juncheng capped off his ...
China’s central bank slashed its reserve requirement ratio to the lowest level since at least 2020 and cut its main ...
Chinese e-commerce stocks jumped after the country's central bank announced a broad stimulus package. Alibaba, JD.com, and ...
Live updates as world leaders gather at the United Nations General Assembly under the shadow of global conflict as wars rage ...
The Peoples Bank of China plans to cut the reserve requirement ratio by 50 basis points, with further reductions expected by ...
Stimulus measures from Beijing are often seen as a boost for the dry bulk sector, where China’s iron ore imports are the key demand factor for benchmark capesize trades. But key oil prices jumped more ...
U.S. bond yields were giving back earlier gains Tuesday as focus turned to the U.S. economy, after an initial rally on news of China’s extensive new stimulus package.
China-related consumer stocks surged after Beijing announced stimulus measures, benefiting companies like JD.com, PDD ...
A s China’s economy has descended into deflation, the central bank’s lack of urgency has been a source of frustration.