China cut interest rates on relending facility, chance for benchmark rate cut remans low
China’s central bank on Tuesday cut the interest rates on its relending facility by 25 basis points to support the rural sector and small businesses. …
China’s central bank on Tuesday cut the interest rates on its relending facility by 25 basis points to support the rural sector and small businesses. …
China will increase construction of affordable-housing, support the efforts to better meet home buyers’ reasonable demand and promote healthy development and virtuous cycle of the …
The China Banking and Insurance Regulatory Commission (CBIRC) said in a statement on Friday that “the current emphasis is to meet mortgage demand of first-time …
China’s central bank will cut reserve requirement ratio (RRR) for commercial banks by 50 basis points, effective from December 15, which will release about 1.2 …
China’s top securities regulator said that it had held communications with US regulators and has achieved positive progress in promoting cross-border auditing cooperations. It added …
More than 20 provincial governments in China have announced policy changes to extend maternity leaves and offer allowances, in the latest attempt to encourage child-rearing …
The city of Chengdu, capital of southwest China’s Sichuan province, announced several measures including stepping up the quota of property loans and relaxing regulations on …
China’s central bank said it would keep its prudent monetary policy flexible and targeted and strike a balance between economic growth and risk preventions, according …
China will guide lithium-ion battery and material companies to cut back on projects for “purely expanding production capacity”, and encourage them to step up technological …
Chinese exchanges further tightened rules for bond issuance by local government financing vehicles (LGFVs), with measures including limiting quota for LGFVs from certain regions and …
China’s top economic planner will launch a comprehensive crackdown on cryptocurrency mining, with focus on cleaning up state-owned companies’ and “industrialized and centralized” mining activities, …
North China’s Hebei province, the country’s top steel production hub, said steelmakers will be required to implement off-peak production in the heating season from November …
The Development Research Center, a think tank under the State Council, China’s cabinet, held a meeting with mainland property developers and financial institutions in Shenzhen …
Several Chinese cities have stepped up regulations on property developers’ pre-sale proceeds after an increasing number of property projects were suspended amid the sector-wide liquidity …
China’s central bank launched a new monetary policy tool to support carbon emission reduction projects through low-cost lending to financial institutions, according to an announcement …
China will accelerate the pace of coal reduction during the 14th Five-Year Plan period (2021-25) and increase the share of non-fossil energy in the primary …
Some Chinese cities including the technology hub of Shenzhen have relaxed rules for property developers to buy land in the third round of land auctions …
The Cyberspace Administration of China (CAC), the country’s internet watchdog, have proposed additional rules for companies that want to transfer Chinese data abroad. According to …
China’s thermal coal futures tumbled for the seventh consecutive trading day on Wednesday as regulators met to discuss measures to intervene in coal prices. The …
Chinese central bank injected 700 billion yuan liquidity to the banking system via open market operations in five trading days. Analyst say the recent operations …
Chinese property developer Modern Land (China) Co Ltd said it had missed a debt payment, the latest in the struggling sector to default on offshore …
China will take a raft of measures including reducing waste, promoting renewables and unconventional fuel and reforming electricity network, as part of efforts to help …
China’s top legislature said the country will roll out a pilot scheme of property tax in selected regions, as part of a wider “common prosperity” …
China’s East Zhejiang province is the latest local government to raise electricity prices and change peak-demand hours following Beijing’s announcement it would liberalise electricity pricing …
China will intervene in high coal prices and will impose severe punishment on those involved in coal speculation after government measures in the past few …
Chinese central bank on Friday tried to sooth market concerns over debt woes at embattled China Evergrande Group and other property developers, saying the spillover …
Land market in China’s capital of Beijing is turning cold as real estate developers face tight financing and slowing home sales. Among the 43 land …
China is liberalising electricity pricing in an effort to address the ongoing power shortage across more than half the country and threatens to weigh on …
The city of Harbin, capital of North China’s Heilongjiang province, has become the first city in the country to announce measures to support real estate …
One more Chinese city introduced reference price mechanism for second-hand home transactions in the latest move to tame home price growth and curb risks in …
China will continue curbing on monopolistic behaviours in the internet sector and protect consumer data and meanwhile vowed to support the healthy development of the …
The People’s Bank of China (PBOC) pledged to maintain healthy development of the real estate market at a time that embattled China Evergrande’s liquidity crunch …
China will step up its antitrust investigations into the mobile payment sector, which has been dominated by a few private financial technology firms, despite the …
China’s top regulators stepped up a crackdown on cryptocurrency with a blanket ban on all crypto-related trading and mining activities. Ten government departments including the …
China’s land markets have cooled significantly since August after several cities adjusted land auction rules to rein in land price grwoth and as homebuilders’ financing …
Chinese local governments are stepping up restrictions on production in high energy-consuming industries as part of efforts to achieve the target for the country’s so-called …
Hong Kong will only allow large blank-cheque companies that raise at least HK$1 billion ($128 million) to list on its main board and ban retail …
Mainland China’s investors will be allowed to trade offshore bonds through an expansion of the Bond Connect scheme linking mainland and Hong Kong markets. The …
The Beijing Electric Power Industry Association has joined 11 coal-fired power companies in petitioning authorities to raise electricity rates to avoid bankruptcy amid surging coal …
Two cross-border investment schemes – Wealth Management Connect and the southbound leg of the Bond Connect – will be launched in the next few days, …
Expectations for near-term easing cooled after Chinese central bank officials said that the country will maintain prudent monetary policy and that there is no shortfall …
China said it plans to expand Shenzhen’s Qianhai economic zone by eight times, which many believe could benefit Hong Kong’s financial sector, one day after …
China has stepped up efforts to reassure the market that the private sector has the unswerving support of the top leadership, after a regulatory crackdown …
Chinese President Xi Jinping has announced plans to set up a new stock exchange in the capital city of Beijing to serve innovative small companies, …
China will step up relief measures for market players, especially small companies and individual businesses, and ensure cross-cyclical adjustments, Chinese Premier Li Keqiang said at …
China’s government plans to cap the growth of home rents in cities to rein in runaway housing costs and eyes “notable improvement” in real estate …
The city of Guangzhou, capital of southern China’s Guangdong province, and the technology hub of Shenzhen tightened rules for land auctions, in the latest move …
Chinese regulators on Monday further tightened rules on the gaming sector, limiting the gaming time for players aged under 18 to between 8pm and 9pm …
Several Chinese cities including Guangzhou and Hangzhou have tightened rules for land auctions in a move to curb speculation and rein in rising land prices. …
Chinese authorities pledge to study targeted measures to help exporters cope with tight shipping capacity and rising logistics costs which are set to plague businesses …