Tag: People’s Bank of China
The central bank makes the next interest rate cut
Central Bank in Beijing With the easing of monetary policy, the Chinese central bank stands out internationally. (Photo: Reuters) Beijing The Chinese central bank is trying to counteract the economic…
Why companies are skeptical after the end of the lockdown
Beijing Chinese state propaganda is in full swing this week following the easing of more than two months of draconian lockdowns on Shanghai. In a front-page report on Thursday, the…
China is fighting the real estate crisis
Real estate in China The Chinese real estate sector is in a crisis situation. (Photo: dpa) Beijing The People’s Bank of China (PBOC) put global markets in good spirits with…
China cuts key interest rate on home loans
Real estate in China The Chinese real estate sector is in a crisis situation. (Photo: dpa) Beijing China is looking to ease the current economic slowdown by lowering a key…
Covid restrictions hit China’s economy even harder than expected
Coronavirus The Chinese government is currently fighting an outbreak of the omicron variant. (Photo: dpa) Beijing China’s economy is suffering even more than feared from the draconian restrictions imposed by…
China’s central bank is not touching interest rates
China’s central bank The Chinese economy had surprisingly strong growth of 4.8 percent in the first quarter. (Photo: dpa) Beijing Despite clear indications of an economic slowdown due to the…
China’s real estate market is not coming out of the crisis
Beijing China’s real estate market is on the move: On Friday, the National Bureau of Statistics reported that average new home prices in China’s 70 largest cities rose just 1.5…
China’s real estate market is not coming out of the crisis
Beijing China’s real estate market is on the move: On Friday, the National Bureau of Statistics reported that average new home prices in China’s 70 largest cities rose just 1.5…
China’s real estate market is not coming out of the crisis
Beijing China’s real estate market is on the move: On Friday, the National Bureau of Statistics reported that average new home prices in China’s 70 largest cities rose just 1.5…
Low willingness to take risks limits the Dax
Dusseldorf The German stock market closed the last trading day of the shortened Easter week with a slight profit. The leading index Dax closed on Thursday 0.6 percent up at…
Low willingness to take risks limits the Dax
Dusseldorf The German stock market closed the last trading day of the shortened Easter week with a slight profit. The leading index Dax closed on Thursday 0.6 percent up at…
Low willingness to take risks limits the Dax
Dusseldorf The German stock market reacted with slight gains to the announcement by the European Central Bank (ECB) that it would end its net purchases of bonds from the summer.…
Dax slightly up before ECB meeting – support from the USA and China
Dusseldorf Investors in the German stock market are cautious ahead of the European Central Bank (ECB) meeting. The leading index Dax was slightly up on Thursday afternoon at 14,089 points.…
Dax slightly up before ECB meeting – support from the USA and China
Dusseldorf The German stock market starts trading cautiously ahead of the meeting of the European Central Bank (ECB). The leading index Dax was up 0.4 percent on Thursday morning at…
Dax slightly up before ECB meeting – support from the USA and China
Dax curve The leading German index is in a downward trend this year. (Photo: Bloomberg Creative/Getty Images [M]) Dusseldorf The German stock market starts trading cautiously ahead of the meeting…
Xi defends tough Corona course: “Perseverance brings victory”
Xi Jinping attends The current global pandemic is still very serious, so prevention and control work should not be relaxed, said the head of state. (Photo: AP) Beijing Despite the…
Evergrande cannot present the 2021 annual result in time
Logo Evergrande The real estate company is heavily indebted. (Photo: Bloomberg) Beijing The highly indebted real estate group Evergrande cannot present its annual financial statements for 2021 by March 31…
China’s real estate industry is not coming out of the crisis
Residential houses of Evergrande The crisis affecting many real estate groups is already having far-reaching effects on China’s economy. (Photo: Bloomberg) Beijing Yu Liang chose dramatic words to describe Vanke’s…
China’s real estate industry is not coming out of the crisis
Residential houses of Evergrande The crisis affecting many real estate groups is already having far-reaching effects on China’s economy. (Photo: Bloomberg) Beijing Yu Liang chose dramatic words to describe Vanke’s…
China’s real estate industry is not coming out of the crisis
Residential houses of Evergrande The crisis affecting many real estate groups is already having far-reaching effects on China’s economy. (Photo: Bloomberg) Beijing Yu Liang chose dramatic words to describe the…