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You Searched For "People s Bank of China" and got 20 results


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3 mins read

Budget brands are winning in China as people turn to cheap food and fashion

Companies with wallet-friendly offerings are reporting strong sales in China.

Huileng Tan   


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3 mins read

De-dollarization is not working out in China, where businesses are hanging onto their US dollars

Despite discussions about de-dollarization, the US dollar still dominates global foreign reserves, …

Huileng Tan   


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2 mins read

China is boosting market sentiment by playing up hopes for stimulus

Chinese Premier Li Qiang said ahead of the US presidential election that Beijing has "ample space f…

Huileng Tan   


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2 mins read

India may take 75 years to reach one-quarter of US income per capita, says World Bank report

Drawing on lessons of the past 50 years, the report finds that as countries grow wealthier, they us…

PTI   


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Indian markets under pressure as global rate cuts stir uncertainty, new report says

Indian markets experienced volatility as global economic shifts and political developments impacted…

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4 mins read

China lost 36% of its billionaires to years of economic troubles and crackdowns

China has lost 432 billionaires since the high of 1,185 in 2021, according to a list compiled by t…

Hannah Abraham   


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China just announced an $1.4 trillion plan to rescue its local governments

Friday's announcement is the latest in a string of stimulus measures China has taken to turn around…

Huileng Tan   


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India could lose a quarter of its economy by 2070 – here’s why

India faces significant risks from climate change, including sea-level rise, extreme heat, and seve…

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2 mins read

People in China still aren't buying enough stuff — so exporters are slashing prices to push more overseas sales

China reported exports rose 8.7% in August from a year ago to nearly $309 billion but imports edged…

Huileng Tan   


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7 mins read

Can investing in gold this festive season add the much-touted Midas touch to your investments?

Gold prices surpass Rs 80,000 per 10 grams, fueled by inflation and global geopolitical tensions. W…

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2 mins read

As Trump threatens tariffs on China, the Chinese market pins its hopes on a massive stimulus announcement

Trump, a China hawk, has floated tariffs of more than 60% on Chinese goods.

Huileng Tan   


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China faces a reckoning as disillusioned Gen Z and millennial workers refuse to save for retirement: report

The New York Times reported that some young people in China have stopped contributing to pensions o…

Mikhaila Friel   


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China is eyeing $1.4 trillion in fiscal stimulus and even more if Trump is elected, report says

China is weighing additional stimulus that would increase if Trump wins the US election. The candid…

Kelly Cloonan   


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The markets saw right through China's latest economic support hype

China's investors are less optimistic than market watchers from elsewhere, who say they see Beijing…

Huileng Tan   


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1 min read

Prices in China are stagnating, putting more pressure on Beijing to jump-start the economy

Consumer prices rose marginally in September and producer prices fell sharply, stoking demand for g…

Theron Mohamed   


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Gold is getting so expensive that even China's central bank stopped buying

China's central bank did not add any gold to its reserves in May after 18 straight months of purcha…

Huileng Tan   


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China's yuan is tumbling amid US sanctions and as central banks boost dollar holdings

China's yuan fell to its lowest value against the ruble in a year as holders eye the impact of sanc…

Jennifer Sor   


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2 mins read

China's bond market seems skeptical that recent stimulus will be enough

Yields on Chinese government debt are hovering near multi-decade lows as investors remain unconvinc…

Filip De Mott   


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11 mins read

Meet the executive tasked with Citi's hardest challenge: getting the bank's house in order

Anand Selva made his name in Citi's consumer bank. Now he runs Citi's multibillion-dollar effort to…

Hayley Cuccinello   


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3 mins read

Maldives President Muizzu met with PM Modi in Delhi today. Here’s how it went!

New initiatives like RuPay card payments and a currency swap agreement have been introduced, with b…