Chinese Yuan Reaches 16-Month High Against US Dollar Amid PBOC Stimulus Measures
China’s yuan surged to its highest level in over 16 months on Wednesday, boosted by a series of stimulus measures introduced by the People’s Bank of...
Etiket: China Economy
China Unveils Broad Stimulus Measures to Revive Economy
China’s central bank announced wide-ranging monetary stimulus and property market measures on Tuesday, aiming to revive an economy facing deflationary pressures and at risk of missing...
China’s Retail Sales and Industrial Data Fall Short of Expectations in August
China’s retail sales, industrial production, and urban investment for August all missed market expectations, signaling a slowdown in the world’s second-largest economy. Data released by the...