China, Pacific

21.10.2019

What 6% GDP growth means to China’s economy

China's GDP grew by 6 percent year-on-year in the third quarter, slower than expected. It has triggered widespread discussions at home and abroad. The downward pressure on China's economy is persisting. The US-launched trade war against China and the sluggish global economy have also had a negative influence, which weighed...

China's GDP grew by 6 percent year-on-year in the third quarter, slower than expected. It has triggered widespread discussions at home and abroad. The downward pressure on China's economy is persisting. The US-launched trade war against China and the sluggish global economy have also had a negative influence, which weighed...

21.10.2019

China’s Central bank: yuan rate 'broadly stable'

The Chinese currency has a stable foundation, according to senior officials and analysts, and they believe a prudent monetary policy is best for China to deal with domestic and external economic issues.

"The yuan exchange rate has remained broadly stable at an adaptive and equilibrium level, based on market supply and...

The Chinese currency has a stable foundation, according to senior officials and analysts, and they believe a prudent monetary policy is best for China to deal with domestic and external economic issues.

"The yuan exchange rate has remained broadly stable at an adaptive and equilibrium level, based on market supply and...

21.10.2019

Moves afoot to boost RMB usage in capital markets

Liberalization of cross-border investments is a tough task but inevitable in order to facilitate international usage of the renminbi. Fortunately, financial opening-up measures confirm the country's determination to go through the process, no matter what, experts said.

Further encouraging external investors to use the RMB to buy bonds and shares in...

Liberalization of cross-border investments is a tough task but inevitable in order to facilitate international usage of the renminbi. Fortunately, financial opening-up measures confirm the country's determination to go through the process, no matter what, experts said.

Further encouraging external investors to use the RMB to buy bonds and shares in...

21.10.2019

When RMB goes global, some things happen

As a financial journalist whose beat includes the monetary system and the central bank, I find the phrase "RMB internationalization" encouraging and confusing at the same time.

Encouraging because it holds out hope that China's increasing significance on the global financial stage will create more and more opportunities to write big-picture...

As a financial journalist whose beat includes the monetary system and the central bank, I find the phrase "RMB internationalization" encouraging and confusing at the same time.

Encouraging because it holds out hope that China's increasing significance on the global financial stage will create more and more opportunities to write big-picture...

21.10.2019

Chinese economy resilient enough to withstand external headwinds

The Chinese economy slowed down in the third quarter, but it is no cause for panic.

Although the country's gross domestic product (GDP) growth cooled down to 6 percent in the third quarter, the figures should be read with calmness and composure.

Amid trade tensions and the country's transition from a phase...

The Chinese economy slowed down in the third quarter, but it is no cause for panic.

Although the country's gross domestic product (GDP) growth cooled down to 6 percent in the third quarter, the figures should be read with calmness and composure.

Amid trade tensions and the country's transition from a phase...


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