In response to Beijing's recent commitment to support the economy through substantial banking sector...
China Raises Mortgage Rates to Boost Banks’ Margin
Data from a research firm showed that Chinese banks have moved to raise their...
China’s Sovereign Wealth Fund Buys Bank Shares to Shore up Stock Market
According to the filing on Wednesday (11 Oct), the $1.4 trillion China’s sovereign wealth...
Calendar Update: Asia’s CPI Data Incoming to Indicate Economic Directions
As on Sunday, 20 August, the People’s Bank of China (PBoC) slightly cut their...
Asia Mixed on Monday as China Cut 1-year Loan Rate, Leave 5-year Unchanged
This morning (Aug, 21), The opening direction of Asia-Pacific market of this week was...
Chinese Banks Offer Low-Interest Loans to Boost Domestic Spending
Bloomberg reported on Monday that Chinese banks are offering a wide range of preferential...