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Showing 1 - 10 of 10 results for "Xinhua News Agency"

China backs blockchain, Bitcoin soars

ELIZA BAVIN  |  TUESDAY, 29 OCT 2019
... development of blockchain and industrial innovation," Xi said according to a report from the country's official Xinhua News Agency. The comments come after China banned all cryptocurrency and Initial Coin Offerings in 2017, with the nations' central ...

Chief economist update: China's slowing fast

BENJAMIN ONG  |  MONDAY, 22 OCT 2018
... "stable financial system." Liu He, China's vice premier, hammered home the message in an interview with the Xinhua News Agency. He urged officials to step up efforts to promote "healthy" stock-market development while noting that equity valuations ...

Good goings-on in China

BENJAMIN ONG  |  THURSDAY, 6 JUL 2017
... of China (PBOC) is on the case. Citing the Chinese central bank's statement following its quarterly meeting, Xinhua news agency recently reported the PBOC's commitment to "prudent and neutral monetary policy" as well as its aim to "accelerate financial ...

Six point five is PM Li's new like

BENJAMIN ONG  |  FRIDAY, 30 OCT 2015
... planet-changing decision. So far, it's only speculation and gossip or a quote from an "unknown" source. But if Xinhua News Agency's scoop is correct, you, me and Dupree should steel ourselves for a slower China boat. Bloomberg reports that Xinhua reports ...

China stimulates

BENJAMIN ONG  |  THURSDAY, 10 SEP 2015
... month's monetary policy easing - lowered interest rate and RRR - with expansionary fiscal policies. According to Xinhua News Agency - central command's official mouthpiece - China's Finance Ministry has "put forward multiple fiscal policies aimed at ...

Market Wrap AM

AAP  |  TUESDAY, 25 JUN 2013
... Prospects that Beijing would step in to provide money were dashed at the weekend when a commentary by the official Xinhua news agency said there was no shortage of funds in the financial system. NEW YORK - US stocks ended the day decisively lower on ...

Wealth gap narrows in China

BEN COLLINS  |  FRIDAY, 2 NOV 2012
... in a row that the gap has narrowed, according to a Ministry of Agriculture report cited by the state owned Xinhua news agency on Thursday. Rural residents' per capita cash income was 6778 yuan ($A1041) in the first nine months of this year, up 12.3% ...

Market Wrap

AAP  |  WEDNESDAY, 30 MAY 2012
... are not too many areas that have escaped a trimming." The local market opened lower after China's state-run Xinhua news agency reported China's government did not plan to introduce stimulus measures on the same scale as it did in 2008. BHP Billiton fell ...

Market dives on US downgrade, China demands new reserve currency

ALISON BEVEGE  |  MONDAY, 8 AUG 2011
... States address its structural debt problems and ensure the safety of China's dollar assets," China's official Xinhua news agency said. But Warren Hogan, chief economist at ANZ, attacked ratings agency credibility, pointing to their role in the global ...

Wrong answer

BENJAMIN ONG  |  TUESDAY, 14 DEC 2010
... both! I think someone didn't do his homework. For it was only 11 days ago, on Friday 3 December 2010, that Xinhua news agency reported that Beijing's top honchos announced that they are switching their monetary policy from a moderately loose to a prudent ...
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