China strengthens financial support for the construction of Zhejiang Common Prosperity Demonstration Zone to promote financial opening and innovation in a stable and orderly manner | Reuters
BEIJING, March 18 (Reuters) – The People’s Bank of China, the China Banking and Insurance Regulatory Commission, and the Zhejiang provincial government issued “Opinions on Financial Support for Zhejiang’s High-quality Development and Construction of a Demonstration Zone for Common Prosperity” on Friday, saying that financial opening and innovation should be promoted in a steady and […]
Oil pares intraday gains to end lower for second day as Russia pledges to honour contract obligations | Reuters
BENGALURU, March 10 (Reuters) – Oil prices ended lower in choppy trade on Thursday, a day after the biggest one-day drop in two years as Russia pledged to honor its contractual obligations and some traders said worries about supply disruptions were overblown. The oil market has experienced its biggest volatility in two years since Russia […]
China Politburo meeting: Increase macro policy efforts to stabilize the economic market and resolutely maintain financial stability | Reuters
BEIJING, Feb 25 (Reuters) – China’s Central Political Bureau held a meeting on Friday to intensify the implementation of macro policies to stabilize the broader economy, firmly implement the strategy of expanding domestic demand, and promote coordinated regional development and new urbanization. The full text of the meeting published by Xinhua News Agency also stated […]
China’s one-year and five-year LPRs were flat in February, in line with previous market expectations | Reuters
SHANGHAI, Feb 21 (Reuters) – The central bank’s February LPR (Loan Market Quote Rate) released on Monday showed that interest rates for one-year and more than five-year terms were 3.70% and 4.60%, both unchanged from the previous month and in line with previous market expectations. . With the temporary pause in the PBOC’s policy rate […]
China Development and Reform Commission and others go to Qingdao to carry out iron ore market supervision research and require the release of excessive inventory | Reuters
BEIJING, Feb. 17 (Reuters) – In response to the recent sharp rise in iron ore prices, the Price Department of China’s National Development and Reform Commission and the Price Supervision and Competition Bureau of the State Administration of Market Regulation went to Qingdao to conduct a joint regulatory survey, warning some iron ore trading companies […]
China to gradually lift restrictions on new energy vehicle purchases in various regions, steadily expand green bond issuance | Reuters
BEIJING, Jan 21 (Reuters) – China’s National Development and Reform Commission and other ministries released plans on Friday to vigorously promote new energy vehicles, gradually remove restrictions on the purchase of new energy vehicles in various regions, promote the implementation of support policies such as travel restrictions and road rights, and strengthen charging and replacement. […]
Director of China’s Anti-Monopoly Bureau: Strengthening anti-monopoly supervision and enforcement to prevent “tip-and-match mergers and acquisitions” and disorderly expansion of capital | Reuters
Reuters, Shanghai, December 19-Since the beginning of this year, China has accelerated the pace of anti-monopoly. Gan Lin, director of the National Anti-Monopoly Bureau, who was officially listed in November, said that the next step will be to strengthen anti-monopoly supervision and law enforcement to further maintain the order of fair competition in the market; […]
China’s Central Economic Work Conference: Proactively launch policies that are conducive to economic stability, and push forward appropriately | Reuters
Reuters, Beijing, December 10-The China Central Economic Work Conference was held in Beijing. The meeting analyzed the current economic situation and deployed economic work in 2022. It is necessary to persist in seeking progress while maintaining stability, accelerate the construction of a new development pattern, and insist on innovative development. All parties should actively introduce […]
Civil Aviation Administration of China issues airworthiness instructions for Boeing 737 MAX | Reuters
Reuters, Beijing, December 2-The Civil Aviation Administration of China issued an airworthiness directive on the Boeing 737 MAX on Thursday, which will help pave the way for the aircraft to return to the Chinese market after being grounded for two and a half years. The directive instructs airlines to make any changes before MAX’s return […]
China’s official media: the overall situation of real estate market risk is controllable and healthy development will not change | Reuters
Reuters, Shanghai, December 1-China’s official media-Economic Daily published a commentary on Wednesday, saying that despite the current cold market, the risks of China’s real estate market are generally controllable and the overall trend of healthy development will not change. Financial institutions and financial market risk appetite for excessive contraction of behavior are being corrected, financing […]
