Category: Finance
Financial news from the east.
PBOC Makes Largest Cash Injection in Three Years
China’s central bank has increased liquidity support to the banking system by conducting medium-term lending facility (MLF) operations worth 789 billion yuan ($107.96 billion) to [more…]
China’s Foreign Trade Reaches High for 2023 in September
According to official data released on Friday, China’s foreign trade in September experienced month-over-month growth for the second consecutive month, with trade volume reaching a [more…]
China Saves Billions on Sanctioned Oil Imports
Based on data from traders and shiptrackers, estimations based on China’s strategic oil imports from nations under Western sanctions have unintentionally saved the country a [more…]