China factory activities lowest in a year

China HSBC Final PMI biggest drop in April, remained below the neutral 50 value at 48.9 Chinese manufacturers saw a further deterioration in April, with total new orders declining at the strongest pace for a year while production levels stagnated. Relatively weak domestic… Continue Reading →

China central bank cut RRR by 100 basis points

China central bank acts to boost bank lending and combat slowing economic growth in world’s second-biggest economy The People’s Bank of China (PBOC), the central bank of china, said on 19 April that the reserve requirement ratio (RRR – the amount of cash that… Continue Reading →

China factory sector jolts by shrinking in January

China’s policymakers will soon to take action. People’s Bank of China (PBOC), in reality, has been tightening monetary policy, to cool an overheated property market and slow the alarming accretion of debt. China’s central bank is watchful of easing monetary… Continue Reading →

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