CNY Forex Aktualności

China Needs Fiscal Boost As Deflationary Pressures Build: Capital Economics

China Needs Fiscal Boost As Deflationary Pressures Build: Capital Economics

A near-term fiscal boost as well as a recovery in fuel prices should reduce some of the immediate deflationary risks in China but structural imbalances are set to persist, Capital Economics' economist Gabriel Ng said. Consumer price inflation softened to 0.4 percent from 0.6 percent in August, data from the National Bureau of Statistics revealed Sunday.
RTTNews | 2 dni temu
China State Planner Says Exploring More Actions To Boost Growth

China State Planner Says Exploring More Actions To Boost Growth

The Chinese government is planning more steps to support economic growth and is confident of achieving its full year economic target, the country's top state planner said Tuesday, and announced more funding initiatives for projects, but defied expectations by not unveiling any major stimulus.
RTTNews | 8 dni temu
China NBS Manufacturing PMI Improves To 49.8 In September

China NBS Manufacturing PMI Improves To 49.8 In September

The manufacturing sector in China continued to contract in September, albeit at a slower pace, the latest survey from the National Bureau of Statistics showed on Monday with a manufacturing PMI score of 49.8.
RTTNews | 16 dni temu
China Central Bank Unveils Monetary Easing Package

China Central Bank Unveils Monetary Easing Package

China's central bank announced a slew of stimulus measures as the economy struggle to achieve its growth target amid continuing property market downturn, weak domestic activity and rising deflationary pressures. At a press conference on Tuesday, People's Bank of China Governor Pan Gongsheng said the bank will reduce the reserve requirement ratio by 50 basis points.
RTTNews | 22 dni temu
China Cuts Short-Term Policy Rate Unexpectedly

China Cuts Short-Term Policy Rate Unexpectedly

The People's Bank of China unexpectedly lowered its short-term policy rate by 10 basis points and pumped more liquidity into the financial system on Monday. The central bank cut the 14-day reverse repurchase interest rate to 1.85 percent from 1.95 percent. The bank injected CNY 74.5 billion via the policy tool. The bank also conducted seven-day reverse repurchase operations of CNY 160.1 billion.
RTTNews | 23 dni temu
China Keeps Benchmark Lending Rates On Hold

China Keeps Benchmark Lending Rates On Hold

China retained its benchmark lending rates on Friday even after the US Federal Reserve reduced its rate by a sharper-than-expected half a percentage point this week. The People's Bank of China kept its one-year loan prime rate unchanged at 3.35 percent. Similarly, the five-year LPR, the benchmark for mortgage rates, was retained at 3.85 percent.
RTTNews | 26 dni temu
China Exports Growth Beats Expectations; Imports Rise At Weaker Pace

China Exports Growth Beats Expectations; Imports Rise At Weaker Pace

China's exports grew more than expected in August, while imports growth weakened sharply amid weak domestic demand, official data revealed Tuesday. Exports posted an annual growth of 8.7 percent, faster than the 7.0 percent increase in July, data from customs office showed. This was the fastest expansion in 17 months. Economists had forecast shipments to climb 6.5 percent.
RTTNews | 36 dni temu
China Inflation Rises; PPI Falls Further

China Inflation Rises; PPI Falls Further

China's consumer price inflation increased in August as abnormal weather pushed up vegetable prices, while producer prices declined more sharply on lower commodity prices. Consumer price inflation rose to a six-month high of 0.6 percent in August from 0.5 percent in July, the National Bureau of Statistics reported Monday. But the rate fell short of the expected 0.7 percent rise.
RTTNews | 37 dni temu