China bank lending slowed in April: Central bank
Domestic banks extended new loans of 707.9 billion yuan (USD 115.9 billion), the People's Bank of China (PBoC) said in a statement, down from 1.18 trillion yuan in March.
May 13, 2015, 17:03 PM IST
China consumer inflation rises to 1.5% in April
Consumer inflation in China rose to 1.5 percent in April, authorities said Saturday, but came in below market forecasts and analysts called for more action to avoid deflation in the world`s second-largest economy.
May 09, 2015, 09:27 AM IST
China's economy to decelerate next year: Central Bank
China's GDP growth will decelerate to 7.1 percent next year, the central bank Monday said confirming the slowdown in the world's second-largest economy amid speculation that it would miss this year's official target of 7.4 percent.
Dec 15, 2014, 20:45 PM IST
China launches draft rules for insurance of bank deposits
China on Sunday issued draft regulations to introduce a bank deposit insurance system for the first time, the latest in a series of steps that pave the way for liberalising lending rates.
Nov 30, 2014, 18:01 PM IST
China won't consider more rate cuts until Q4 data out: Official
China's central bank will wait until fourth-quarter economic data is out and monitor U.S. and Japanese monetary policy before considering any more rate cuts or easing, a central bank adviser said on Tuesday.
Nov 25, 2014, 19:56 PM IST
China to start direct yuan trade with British pound
China will start direct trade between its yuan currency and Britain`s pound on Thursday, the country`s foreign exchange trade platform said, in another step on its push to internationalise the unit.
Jun 18, 2014, 18:09 PM IST
China to reduce rural banks' reserve requirements
China's central bank today announced details of a plan that reduces the amount of money rural banks must keep in reserve, a move aimed at stimulating the economy amid slowing growth.
Jun 10, 2014, 00:21 AM IST
