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Thursday, November 26, 2020
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Tag: Interest

Why Has China’s Central Bank Maintained Muted Response to Fed Rate Hike?

The People's Bank of China has opted to keep its repo rates steady in the immediate wake of the US Federal Reserve's second rate...

Chinese Banks Post Rare Drop in Non-interest Earnings

A new report notes that the Chinese banking sector posted a rarely seen decline in non-interest revenues in Q1 2017. Data released by the Bank...

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Bank of Chengdu Launches New “Cloud Converted” Data Centre, Provides AI Customer Service in Sichuanese Dialect

Sichuanese province lender Bank of Chengdu has announced the launch of a new "cloud converted" data centre."

Bank of Communications Completes First Offshore Issuance of Perpetual Bond by a Chinese Bank

Big state-owned lender Bank of Communications (BOCOM) has become the first Chinese bank to issue perpetual bonds offshore.

Liu He Sheds Light on China’s Dual Circulation Development Strategy

One of China's senior-most economic policymakers has written an essay for the People's Daily that sheds light on the goals and priorities...

International Forecasters Upbeat on Chinese GDP Growth in 2020, 2021

Leading international forecasters anticipate comparatively robust growth for the Chinese economy in 2020 amidst the impacts of the COVID-19 pandemic.