China, Pacific

05.06.2023

China builds up gold reserves and sells US government bonds in anticipation of increased sanctions

The control of the United States over the export of chips to China is an example of scientific and technological harassment and trade protectionism, Chinese Foreign Ministry spokeswoman Mao Ning said on April 24. To maintain hegemony and self-interest, Washington is forcing its allies to cooperate with the United States...

The control of the United States over the export of chips to China is an example of scientific and technological harassment and trade protectionism, Chinese Foreign Ministry spokeswoman Mao Ning said on April 24. To maintain hegemony and self-interest, Washington is forcing its allies to cooperate with the United States...

05.06.2023

China installs National Financial Regulatory Administration

China’s National Financial Regulatory Administration (NFRA) was inaugurated  on Thursday in Beijing, taking the place of the China Banking and Insurance Regulatory Commission after five years in operation, an important step for China’s new round of institutional reform in the field of financial supervision.

Vice-Premier He Lifeng, central bank governor Yi...

China’s National Financial Regulatory Administration (NFRA) was inaugurated  on Thursday in Beijing, taking the place of the China Banking and Insurance Regulatory Commission after five years in operation, an important step for China’s new round of institutional reform in the field of financial supervision.

Vice-Premier He Lifeng, central bank governor Yi...

05.06.2023

China's economy recovers further in April

China's National Bureau of Statistics (NBS) on Tuesday released key economic data for April, characterized by robust growth in consumption but a slowdown in the real estate sector, with experts stressing that the economy is demonstrating a trend of steady growth, which will translate into faster GDP expansion in the...

China's National Bureau of Statistics (NBS) on Tuesday released key economic data for April, characterized by robust growth in consumption but a slowdown in the real estate sector, with experts stressing that the economy is demonstrating a trend of steady growth, which will translate into faster GDP expansion in the...

05.06.2023

China’s central bank adds liquidity, boosting support for real economy

The People's Bank of China (PBC), the country's central bank, on Monday added liquidity to the banking system through its medium-term lending facility (MLF) and reverse repos, while keeping the interest rate unchanged as was widely expected.

The move sent a signal that the country will maintain its priority of stabilizing...

The People's Bank of China (PBC), the country's central bank, on Monday added liquidity to the banking system through its medium-term lending facility (MLF) and reverse repos, while keeping the interest rate unchanged as was widely expected.

The move sent a signal that the country will maintain its priority of stabilizing...

05.06.2023

China to foster new engines for industrial development

China will continue to foster new engines for industrial development, as part of efforts to build a modern industrial system, the country's economic planner said Wednesday.

The country will double down on efforts to promote the development of advanced manufacturing, including new energy, new materials and high-end equipment, Meng Wei, spokesperson...

China will continue to foster new engines for industrial development, as part of efforts to build a modern industrial system, the country's economic planner said Wednesday.

The country will double down on efforts to promote the development of advanced manufacturing, including new energy, new materials and high-end equipment, Meng Wei, spokesperson...


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