Friday, January 22, 2021
Tags Chinese economic stimulus

Tag: Chinese economic stimulus

China’s Leading Economists Calls for Maintaining COVID-19 Stimulus Measures

Leading economics figures in China have signalled the maintenance of robust monetary and fiscal stimulus policies in the wake of the COVID-19...

China’s Finance Minister Says Active Stimulus Policy is “Objectively Necessary” in Wake of COVID-19, Flags Deficit Rise

The Chinese finance minister has flagged the use of greater stimulus measures to help deal with the economic fallout of the COVID-19...

China Touts 50 Trillion Yuan in Infrastructure Spending, Yet Just 7.5 Trillion Scheduled for 2020

While domestic media reports have highlighted plans for nearly 50 trillion yuan (approx. USD$7.15 trillion) in infrastructure spending in China as the...

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Users of Everbright’s Cloud-Driven Utilities Payment Platform Exceeded Half a Billion in 2020

China Everbright Bank has seen users of its cloud-based utilities payments service surge in 2020, as the COVID-19 pandemic drove sharp gains...

China Unlikely to See Real Estate Loan Rates Decline in 2021 as LPR Holds Steady for Ninth Month Straight

Domestic analysts say that Chinese banks are unlikely to significantly reduce rates for real estate loans in 2021, as regulators continue to...

Chinese Central Bank Unveils Anti-Trust Measures Permitting Break up of Third-Party Payments Platforms

The People's Bank of China (PBOC) will have the power to recommend the dismantling of third party payments platforms under new measures...

Pinduoduo Owner Applies for Payments Trademark

A major shareholder in NASDAQ-listed agricommerce platform Pinduoduo has applied with Chinese authorities to register a Pinduoduo-related payments trademark.