Winni Zhou

China trims new benchmark lending rate again to shore up sputtering economy

20 Nov 2019

SHANGHAI China lowered its lending benchmark rate on Wednesday, as widely expected, to reduce company funding costs and shore up an economy hurt by slowing demand and U.S. trade tariffs.

CORRECTED-UPDATE 2-China trims new benchmark lending rate again to shore up sputtering economy

20 Nov 2019

* PBOC seen likely to cut rates more aggressively in coming months

China cuts short-term funding rate for first time since 2015

18 Nov 2019

SHANGHAI China's central bank unexpectedly trimmed a closely watched lending rate on Monday, the first such cut in more than four years and a signal to markets that policymakers are ready to act to prop up slowing growth.

China central bank injects 200 billion yuan to boost liquidity, keeps rate unchanged

15 Nov 2019

SHANGHAI China's central bank extended 200 billion yuan ($28.60 billion) through its medium-term lending facility on Friday, the second time it has done so this month, while keeping the lending rate unchanged.

Chinese President Xi says need to bring down trade barriers

05 Nov 2019

SHANGHAI Global trade barriers must be removed, and countries should uphold basic multilateral trade principles while standing firm against protectionism, Chinese President Xi Jinping said on Tuesday.

China central bank surprises with no October TMLF loans despite weak data

31 Oct 2019

SHANGHAI China's central bank on Thursday confounded market expectations that it would issue targeted medium-term loans in October, adding to uncertainty over how policymakers plan to stabilize the economy as growth nears 30-year lows.

Excited China fans cheer NBA game despite row over HK tweet

10 Oct 2019

SHANGHAI/BEIJING Thousands of Chinese fans cheered and clapped through an NBA exhibition game in Shanghai on Thursday after days of controversy and online vitriol over a now-deleted tweet by a team manager backing anti-China protests in Hong Kong. | Video

Yuan slumps to 11-year low, stocks fall as U.S. trade war escalates

26 Aug 2019

SHANGHAI/HONG KONG China's yuan fell to an 11-year low against the dollar on Monday and stocks dropped as the Sino-U.S. trade war sharply escalated, threatening to inflict more damage on the world's largest economies.

World News