In line with expectations.. China keeps the main interest rate unchanged
The Chinese central bank fixed the key interest rate on one-year loans (LBR) at 3.45 percent, and also kept the ...
Tag: Chinese economy
China: economic downturn softens its position against its rivals
BEIJING — A few months ago, it looked like China's economy would rebound quickly after being shut down to the ...
China’s oil imports recorded the third highest monthly rate in its history during August
Data from the General Administration of Customs showed that shipments last month to China, the world's largest oil importer, amounted ...
Goldman Sachs: Chinese banks will pay a “huge” bill due to the real estate crisis
“The Chinese banking sector accounts for 75 percent of the debt owed by real estate developers, with a total value ...
China acknowledges the difficulty of its economic recovery, but refutes Western criticism
In recent weeks, Beijing has published statistical figures showing its economy's struggle to recover from the Covid-19 era, prompting US ...
Oil prices rise amid dollar decline and China’s pledges to stimulate consumption in the world’s second largest economy
Data from the Energy Information Administration showed, on Wednesday, that US crude stocks fell by 708 thousand barrels last week ...
What are the main factors threatening the Chinese economy?
As for China, it revealed last week that consumer prices were flat in June compared to a year earlier, while ...
The European Union expresses “concern” about China’s restrictions on the export of “rare metals”
And the Chinese Ministry of Commerce announced on Monday that exports of gallium and germanium metals will need a license, ...
The pace of decline in industrial sector profits in China slowed down in May
On Wednesday, official economic data showed a slowdown in the decline in profits of industrial companies in China in May. ...
Chinese official: We must move quickly to promote economic recovery
Analysts at major international banks cut their 2023 economic growth forecasts after May data showed weak demand in China and ...
