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Home Articles People Bank of China
China’s falling yuan worries Xi Jinping ahead of 20th National Congress \
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China’s falling yuan worries Xi Jinping ahead of 20th National Congress

 02-Oct-2022
Beijing [China], October 2 (ANI): Ahead of the 20th National Congress later this month, the fall of the yuan, also known as the Renminbi, is embarrassing for China which always boasts of a strong yuan as evidence of its economic stability.
02-Oct-2022 World
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China’s real estate sector poses ‘large risks’ to shadow bank lending: Moody’s \
3 min read
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China’s real estate sector poses ‘large risks’ to shadow bank lending: Moody’s

 28-Sep-2022
Singapore, September 28 (ANI): China's property sector still poses "large risks" to shadow bank lending amid ongoing liquidity stress, despite the falling proportion of shadow banking in the industry, Moody's Investors Service said.
28-Sep-2022 Business
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China announces 234 arrests in provincial banking scam \
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China announces 234 arrests in provincial banking scam

 30-Aug-2022
Zhengzhou [China], August 30 (ANI): Chinese authorities have announced the arrests of 234 people involved in the financial scandal surrounding several rural banks in Henan province, local media reported on Monday.
30-Aug-2022 World
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China’s currency hits 18-month low against USD \
2 min read
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China’s currency hits 18-month low against USD

 10-May-2022
Beijing [China], May 10 (ANI): China's Yuan hit the lowest mark against the US dollar in the last 18 months on Tuesday, falling to 6.7134 against the USD, the lowest figure since October 30, 2020.
10-May-2022 World
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China cuts lending rates to counter deepening economic slowdown: Report \
3 min read
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China cuts lending rates to counter deepening economic slowdown: Report

 22-Jan-2022
Beijing [China], January 22 (ANI): China slashed lending rates for the second consecutive month as the country contends with a deepening slump in the real estate market and slowing economic growth, a media report said.
22-Jan-2022 World
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China’s economic growth will slow sharply in 2022: World Bank \
2 min read
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China’s economic growth will slow sharply in 2022: World Bank

 22-Dec-2021
Hong Kong, December 22 (ANI): China's economic growth has been given a bleak picture by World Bank's report on Wednesday as the world's second-largest economy faces mounting headwinds from the new Omicron variant to a severe property sector downturn.
22-Dec-2021 World
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Chinese economic growth rate to slump below 5 per cent \
3 min read
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Chinese economic growth rate to slump below 5 per cent

 20-Dec-2021
Beijing [China], December 20 (ANI): Grim days are ahead for the Chinese economy as the growth rate is to slump below 5 per cent following the property crisis, industrial slump, weak consumption and the fallout from COVID-19-led lockdowns.
20-Dec-2021 World
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