China Briefing News

China Cuts Bank Reserve Requirement – First Time in 3 Years


Dec. 1 – The People’s Bank of China (PBC) will lower the reserve requirement ratio (RRR) at China’s financial institutions by 0.5 percent starting on December 5, a move that marks the first RRR cut in three years. The 0.5 percent drop will bring the RRR at large-scale financial institutions to the level of 21 […]

China’s PMI Drop Adds to Concerns over Global Recession


Nov. 25 – The HSBC flash purchasing managers’ index (PMI) – the preliminary readout of China’s industrial activity – fell sharply this month to 48 from October’s 51, reflecting signs of a domestic economic slowdown. The contraction of China’s manufacturing sector has further unnerved investors who are already fearful of an expanding global recession amid […]

China’s Economic Slowdown Triggers Guesses on Policy Modification


By Vivian Ni Oct. 21 – China’s third-quarter economic statistics showed the lowest GDP growth rate in the past two years, according to the National Bureau of Statistics (NBS) on Tuesday. The continuing economic slowdown – amid the deteriorating external environment and slightly tamed domestic inflation – has made economists wonder whether or not some […]

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