You Searched For "Peoples Bank of China" and got 18 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
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
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
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
3 mins read
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…
2 mins read
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
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
2 mins read
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
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…
1 min read
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
1 min read
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
3 mins read
People in China continue to buy gold even as the currency remains weak!
Record-high gold prices driven by global uncertainties and central bank rate cuts lead to increased…
Huileng Tan
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
2 mins read
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
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
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
2 mins read
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
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…