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Showing 31 - 40 of 234 results for "Bank of China"

Chief economist update: China stitches it in time

BENJAMIN ONG  |  TUESDAY, 2 APR 2019
If you want a poster boy to that old saying that, "a stitch in time saves nine" China is it. Latest data show that China's manufacturing sector is back in expansion. The official National Bureau of Statistics (NBS) China manufacturing PMI increased ...

Chief economist update: Be fearful when indicators show no fear

BENJAMIN ONG  |  MONDAY, 18 MAR 2019
... March meeting - is predicted to engage in some form of policy easing in the coming months. As for the People's Bank of China (PBOC), Factset reports: "At press conference to conclude NPC, Li reaffirmed capacity to use reserve requirements and interest ...

Chief economist update: Policy normalisation interrupted

BENJAMIN ONG  |  TUESDAY, 22 JAN 2019
... were expected to announce exit policies - both are now expected to keep policy settings on hold. The People's Bank of China (PBOC) has shifted to an accommodative policy stance. Sure, these would delay central banks' march towards policy normalisation ...

Chief economist update: Another year over, a new one begins

BENJAMIN ONG  |  MONDAY, 7 JAN 2019
... Trump's central target, is worse hit as its economy and its stockmarket declined. So much so, the People's Bank of China (PBOC) recently announced a 1% cut in the reserve requirement ratio (RRR) - 0.5% on January 15 and 0.5% on January 25 - and ...

Chief economist update: If you can't beat Trump, copy Trump

BENJAMIN ONG  |  TUESDAY, 23 OCT 2018
... unwavering support for China's non-state firms, to the vice-premier, and Chinese institutions - People's Bank of China, China Securities Regulatory Commission and China Banking and Insurance Regulatory Commission. But the optimism generated by ...

Chief economist update: China's slowing fast

BENJAMIN ONG  |  MONDAY, 22 OCT 2018
... China's powers-that-be are coming out of with words of comfort. Here's Bloomberg's list: "People's Bank of China Governor Yi Gang said in a statement on the central bank's website that it is studying measures to ease companies' ...

Chief economist update: China on the down low

BENJAMIN ONG  |  WEDNESDAY, 17 OCT 2018
At first glance, the acceleration of China's year-on-year consumer price inflation in September to a seven-month high of 2.5% from 2.3% provides a positive indication that domestic demand remains healthy. However, the devil is always in the details. ...

Chief economist update: Is China starting to slow down?

BENJAMIN ONG  |  TUESDAY, 9 OCT 2018
... of extreme volatility in the Chinese equity market. But the fact that this happened a day after the People's Bank of China (PBOC) boosted liquidity in the domestic economy - in the form of a 100 basis point reduction in the reserve requirement (to ...

Chief economist update: Shanghai's drop is China's problem, the yuan's slide is everyone's

BENJAMIN ONG  |  THURSDAY, 28 JUN 2018
... over impact." Those who still remember their history will recall that time in August 2015 when the People's Bank of China (PBOC) devalued the yuan from 6.21 to 6.40 per one yankee dollar. The MSCI world index dropped by 10% in response and the MSCI ...

Chief economist update: The dog ate my growth target

BENJAMIN ONG  |  TUESDAY, 20 FEB 2018
... high CNY172.1 trillion in the first month of 2018. China's total social financing (TSF) - defined by the People's Bank of China (PBOC) as "a money-added concept, indicating total funds the real economy obtained from the financial system over a certain ...