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China posts lowest new lending in seven years
Business News

China posts lowest new lending in seven years

Demand for new loans in China continues to decline, but the downward pressure is not as severe as feared. New lending from Chinese banks stood at 908 billion yuan (about 1
China's Central Bank Cuts Key Interest Rates to Boost Economy
Business News

China's Central Bank Cuts Key Interest Rates to Boost Economy

China's Gold Trade Surges as US-China Tensions Rise
Business News

China's Gold Trade Surges as US-China Tensions Rise

The gold trade in China completely exploded last week and the metal set several records in the wake of the trade war between the USA and China.
Reduced new lending from China's banks
Business News

Reduced new lending from China's banks

Chinese banks lent out 18,090 billion yuan (equivalent to 27,710 billion kronor) in 2024, according to a report from China's central bank. It is the lowest level since 2019
Upwards on Asian Exchanges – Significant Gains in Hong Kong
Business News

Upwards on Asian Exchanges – Significant Gains in Hong Kong

Ongoing Economic Downturn in China
Business News

Ongoing Economic Downturn in China

The Chinese manufacturing industry continued to slow down in September, according to a purchasing managers' index. An index of just under 50 indicates decreased activity
Historic Stock Market Week in Asia
Business News

Historic Stock Market Week in Asia

Luxury companies are booming after China's stimulus measures
Business News

Luxury companies are booming after China's stimulus measures

This week, China's central bank announced a range of stimuli to boost the country's economy. This has caused luxury companies to surge on the stock exchange
China Launches Massive Stimulus Package
Business News

China Launches Massive Stimulus Package

China's central bank has launched a battery of stimulus measures during the night to Tuesday. The measures aim to get the Chinese economy going, so that the target of 5 percent growth can be achieved
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