Why China No Longer Fears the Fed
In 2016, the People's Bank of China got a reprieve from the U.S. Federal Reserve. This year it needs no such help.
In 2016, the People's Bank of China got a reprieve from the U.S. Federal Reserve. This year it needs no such help.
China's foreign currency reserves rose again ahead of a possible U.S. interest rate hike that might put new pressure on Beijing's exchange rate controls.
China’s central bank raised borrowing costs as a stable economy and factory reflation give it scope to follow the Federal Reserve in tightening policy.
Chinese officials might be trying to drain liquidity from their economy but the central bank remains fearful of raising interest rates too quickly, according to one strategist who suggests President Donald Trump might be indirectly influencing...
China’s central bank tightened monetary policy by raising the interest rates it charges in open-market operations and on funds lent via its Standing Lending Facility as it shifts to reining in asset prices and inflation.
Rising US rates complicate balancing act for Beijing as it faces capital flight
The cut followed a global stock market rout in which China led with a 7.6 pct plunge Tuesday to its lowest level this year.
Beijing will do whatever it takes to avert a collapse in the stock market; authorities have already taken steps to boost sentiment and liquidity, including an interest rate cut.
China’s central bank cuts interest rates and fails to stem the route in Chinese share prices; the Shanghai and Shenzhen stock markets closes with steep losses.
Friday's surprise cut in rates, the first in more than two years, reflects a change of course by Beijing and the central bank, which had persisted with modest stimulus measures before finally deciding last week that a bold monetary policy step...
The orchestra is tuning up for an interest rate liberalization initiative that financial analysts are calling music to their ears.
Recent high-level comments and policy statements heard in Beijing have clearly sounded a central government...
Gauges the key determinants of China's private consumption in relation to GDP using data on the Chinese economy and evidence from other countries' experiences. The results suggest there is nothing "special" about consumption in China. Rather, the...
Interest rates in China comprise a mix of both market determined interest rates (interbank rates and bond yields), and regulated interest rates (lending and deposit rates), reflecting China's gradual process of interest rate liberalization. We...