China Reserve Bank
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Trump Says He Has 'Absolute Right' To Charge Tariffs In Another Form
US President Donald Trump said Sunday he had the authority to impose duties despite the US Supreme Court last month striking down his global tariffs.
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China Rolls Over $3.4 Billion Of Commercial Loans To Pakistan: Report
China has rolled over $3.4 billion in loans to Islamabad, which together with other recent commercial and multilateral lending will boost Pakistan's foreign exchange reserves to $14 billion, a finance ministry source said.
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India Aims to Copy China, But Not in Lending-by-App Craze
There’s a lot about Beijing’s decades-long infrastructure push and investment-led growth that India wants to emulate. But when it comes to the consumer economy, aping China’s out-of-control digital lending boom is strictly off the policy agenda. The Reserve Bank of India’s recently released guidelines for app-based loans show a clear desire...
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Cash-Strapped Pakistan To Get $2.3 Billion From China Under Loan Agreement
To cope up with country's dwindling cash reserves, a loan of USD 2.3 billion from a Chinese consortium of banks to Pakistan is expected within a "couple of days".
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Chinese Authorities Target NFTs After Crypto Assets, Warns Public About ‘Hidden’ Financial Risks
Three organisations have come together in China to focus on NFTs. These organisations are, the China Banking Association, the China Internet Finance Association, and the Securities Association of China. The group aims to shape up the NFT sector in a way to reduce the chances of them being used as tools to process illicit activities like money laund...
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Trump Asks Who Is Bigger Enemy, US Central Bank Chief Or China's Xi
President Donald Trump reacted furiously on Friday after Federal Reserve Chair Jerome Powell spoke about the trade war with China and economic risks to the United States, asking whether his appointee to the US central bank was a greater "enemy" than China's leader Xi Jinping.
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China To Provide $2.5 Billion Loan To Pak To Boost Foreign Reserves
China will provide USD 2.5 billion in loans to Pakistan to boost the foreign exchange reserves of its "all-weather ally", a media report said Saturday.
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Days After G20 Meet, China Agrees $9 Billion Currency Swap With Argentina
China and Argentina signed a $9 billion currency swap deal to boost the crisis-stricken South American country's foreign currency reserves, its central bank announced Sunday.
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China Should Take More Powerful Steps To Support Economy: State Media
China should prepare "more powerful" policy measures, possibly including a large-scale stimulus package, to prevent its economy from stalling as trade frictions with the United States persist, a state-backed tabloid said in a commentary on Thursday.
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China Slashes Banks' Reserve Requirements As Trade War Hits Growth
China's central bank on Sunday announced a steep cut in the level of cash that banks must hold as reserves, stepping up moves to lower financing costs and spur growth amid concerns over the economic drag from an escalating trade dispute with the United States.
-
Trump Says He Has 'Absolute Right' To Charge Tariffs In Another Form
US President Donald Trump said Sunday he had the authority to impose duties despite the US Supreme Court last month striking down his global tariffs.
-
China Rolls Over $3.4 Billion Of Commercial Loans To Pakistan: Report
China has rolled over $3.4 billion in loans to Islamabad, which together with other recent commercial and multilateral lending will boost Pakistan's foreign exchange reserves to $14 billion, a finance ministry source said.
-
India Aims to Copy China, But Not in Lending-by-App Craze
There’s a lot about Beijing’s decades-long infrastructure push and investment-led growth that India wants to emulate. But when it comes to the consumer economy, aping China’s out-of-control digital lending boom is strictly off the policy agenda. The Reserve Bank of India’s recently released guidelines for app-based loans show a clear desire...
-
Cash-Strapped Pakistan To Get $2.3 Billion From China Under Loan Agreement
To cope up with country's dwindling cash reserves, a loan of USD 2.3 billion from a Chinese consortium of banks to Pakistan is expected within a "couple of days".
-
Chinese Authorities Target NFTs After Crypto Assets, Warns Public About ‘Hidden’ Financial Risks
Three organisations have come together in China to focus on NFTs. These organisations are, the China Banking Association, the China Internet Finance Association, and the Securities Association of China. The group aims to shape up the NFT sector in a way to reduce the chances of them being used as tools to process illicit activities like money laund...
-
Trump Asks Who Is Bigger Enemy, US Central Bank Chief Or China's Xi
President Donald Trump reacted furiously on Friday after Federal Reserve Chair Jerome Powell spoke about the trade war with China and economic risks to the United States, asking whether his appointee to the US central bank was a greater "enemy" than China's leader Xi Jinping.
-
China To Provide $2.5 Billion Loan To Pak To Boost Foreign Reserves
China will provide USD 2.5 billion in loans to Pakistan to boost the foreign exchange reserves of its "all-weather ally", a media report said Saturday.
-
Days After G20 Meet, China Agrees $9 Billion Currency Swap With Argentina
China and Argentina signed a $9 billion currency swap deal to boost the crisis-stricken South American country's foreign currency reserves, its central bank announced Sunday.
-
China Should Take More Powerful Steps To Support Economy: State Media
China should prepare "more powerful" policy measures, possibly including a large-scale stimulus package, to prevent its economy from stalling as trade frictions with the United States persist, a state-backed tabloid said in a commentary on Thursday.
-
China Slashes Banks' Reserve Requirements As Trade War Hits Growth
China's central bank on Sunday announced a steep cut in the level of cash that banks must hold as reserves, stepping up moves to lower financing costs and spur growth amid concerns over the economic drag from an escalating trade dispute with the United States.
