China cuts reserve requirements for bank to help boost its slowing economy
BANGKOK (AP) — China’s central bank said Wednesday it will cut the ratio of reserves banks must hold to help boost the slowing economy.
Pan Gongsheng in asian news
Yuan internationalization drive hits a local speed bump
As Chinese leader Xi Jinping works to increase the yuan’s role in global trade and finance, he’s encountering an unexpected speed bump: mainland companies.
Why Yellen’s reflation pleas fall flat in Beijing
The People’s Bank of China is giving a whole new meaning to “monetary science.” Asia’s biggest economy’s central bank is devising a program to provide as much as 500 billion yuan (US$69 billion) to support innovation in science and technology.
CNBC Daily Open: No news is good news for Wall Street
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China says economy got a strong start in 2024, sets sights on latest technology, upgrading factories
BEIJING (AP) — China has plenty of room to maneuver to attain its annual target for robust economic growth of about 5% after a strong start for the year, top economic officials said Wednesday, though they acknowledged it’s a challenge.
Asia markets mostly dip as Tesla's bleak outlook drags down shares of its suppliers and other EV firms
This is CNBC's live blog covering Asia-Pacific markets.
An ambitious campaign to raise Chinese stock prices
Hoping to improve stock market sentiment, Chinese authorities have unveiled a series of new measures – including a liquidity injection into the banking sector, which has already shown results with a short-term boost to the Chinese stock markets on Wednesday.
China's central bank announces policy easing as it seeks to boost growth
BEIJING — China pledged to reduce the amount of liquidity that its banks are required to hold as reserves early next month in a bid to boost its struggling economy.