20 Jan 2022
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On Thursday, China's one-year and five-year loan prime rates (LPR) fell ten basis points and five basis points, respectively.
Recall: The LPR is the benchmark lending rate for corporate and household loans.The PBoC doesn't directly control the LPR, as it is calculated from submissions by 18 com...
April 26, 2024
China's top leaders are turning their attention to boosting growth in underdeveloped regions. On Wednesday, Premier Li Qiang paid a visit to Guizhou province, visiting rural areas that were among the last nine counties to be lifted out of extreme… Read More »
April 25, 2024
Sometimes a clear target is what’s needed for some progress. On Tuesday, the State Council reported that China aims to reduce carbon emissions intensity by 3.9% in 2024. This marks the first time during the 14th Five-Year Plan (FYP) period… Read More »
April 25, 2024
Another day, another EU probe into Chinese industry. On Wednesday, the European Commission announced an investigation into China’s public procurement process for medical devices to determine if European manufacturers are getting a fair shake. This is the first probe conducted… Read More »