"But we don't envisage much of a pick-up in private sector credit demand." The People's Bank of China (PBOC) does not provide monthly breakdowns, but Reuters calculated the November figures based ...

The World Bank raised on Thursday its forecast for China's economic growth in 2024 and 2025, but warned that subdued household and business confidence, along with headwinds in the property sector ...

Dec 26 (Reuters) - The World Bank raised on Thursday its forecast for China's economic growth in 2024 and 2025, but warned that subdued household and business confidence, along with headwinds in ...

New bank lending in China rose by far less than expected in November, highlighting weak credit demand in the world’s second-largest economy as policymakers pledge to roll out more stimulus measures.

People’s Bank of China (PBOC)—the central bank of the world’s second largest economy— is quietly building its India portfolio even as the geo-political relationship between India and ...

Andrew Bailey, the Bank of England governor, will join Rachel Reeves on a visit to China next month aimed at strengthening financial services trade ties between the two countries. Sky News has ...

SHANGHAI -- China's central bank stepped up support for the yuan on Thursday, signaling it wants to avoid a rapid weakening of its currency, after the U.S. Federal Reserve's 2025 interest rate ...

While the size of China’s middle class has expanded significantly since the 2010s, reaching 32 percent of the population in 2021, World Bank estimates suggest that approximately 55 percent of the ...

According to research by Goldman Sachs, an investment bank, China's real GDP growth is predicted to slow down to 4.5% in 2025 from 4.9% in 2024. Xi said China is aiming for a "more proactive ...

China is leveraging its stimulus toolkit, with key measures such as a 50-basis-point cut to the reserve requirement ratio by the People’s Bank of China (PBOC). These actions are designed to address ...

CHINA’S central bank on Wednesday (Dec 18) urged financial institutions to guard against interest rate risks when trading in bonds, signalling discomfort among policymakers over recent frenzied buying ...