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The US dollar is so strong that China's central bank, among others, just keeps loading up on gold

Wed, 05/08/2024 - 05:39

Tech Insider : Economy, Economy

gold buyers necklaces china — Robust Chinese gold buying has sent prices of the precious metal to record highs.
Reuters

economy, Markets, News, economy, Markets, Gold, central-bank

Why China's economy is doing better than people think, says a former PBOC advisor

Tue, 01/30/2024 - 15:32

Tech Insider : Economy

Chinese President Xi Jinping enters his car after a visit at the Elysee presidential palace in Paris — Chinese President Xi Jinping enters his car after his visit to the Elysee presidential palace in Paris on March 26, 2019.
AP Photo/Francois Mori

economy, Markets, china-growth, china-economy, fiscal-stimulus, sovereign-bonds, china-deflation

Chinese state-owned banks are propping up the yuan while the central bank signals currency weakness

Tue, 11/21/2023 - 11:23

Yuan and dollar — Yuan and dollar
Getty Imahes

Markets, mi-exclusive, chinese-yuan, chinese-banks, PBOC, Dollar, dollar-weakness

China made the deepest cut since 2020 to a key interest rate before posting a disappointing July report card

Tue, 08/15/2023 - 02:34

Tech Insider : Economy

Chinese President Xi Jinping. — Chinese President Xi Jinping.
Getty Images

economy, Markets, China Economy, PBOC, China, China PBOC, Interest Rates

Chinese developers jump after central bank pledges more support for embattled property sector

Fri, 08/04/2023 - 08:47

FILE PHOTO: Headquarters of the People's Bank of China (PBOC), the central bank, is pictured in Beijing, China September 28, 2018. REUTERS/Jason Lee — The People's Bank of China headquarters in Beijing.
Reuters

Markets, MI Exclusive, Property, China, PBOC

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