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China’s Greenland becomes first state-backed property developer to extend dollar bond payment since liquidity crunch in the sector May 27, 2022
Air China to add flight between Beijing and New York in June, more international flights expected for other Chinese carriers – state media May 27, 2022
China Evergrande considers repaying offshore investors of $19 billion bonds with cash instalments, debt-to-equity swap – report May 27, 2022
Li Auto said to lower 2022 sales target amid slowing economy, Covid-19 outbreaks May 27, 2022
China’s iron ore futures surge on expectation of more policy easing May 27, 2022
Shanghai electricity consumption recovered above 78% of year-ago level – state media May 27, 2022
Baidu’s Q1 revenue beat expectations supported by cloud, AI May 26, 2022
China’s 10-year treasury futures surge, 10-year government bond yield hit lowest since April May 26, 2022
Market close: Hong Kong stocks closed down, while Chinese A-shares ended higher May 26, 2022
Ganfeng Lithium to build new lithium compound plant with annual capacity of 50,000 tonnes May 26, 2022

PBOC, foreign exchange regulator roll out measures to support Covid-hit businesses

Posted on April 19, 2022April 19, 2022 by

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The People's Bank of China (PBOC) on Monday rolled out a series of measures including the use relending programs to support individuals and businesses hit by the epidemic as the economy faces headwinds from Covid lockdowns in multiple cities.

The PBOC announced 23 measures to "support market entities hit hard by the epidemic, smooth circulation of the national economy and to promote exports and foreign trades," according to a joint notice released by the . . .

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