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China's central bank halts bond buying
China's central bank halts bond buying as yuan struggles
China's central bank suspended treasury bond purchases on Friday, briefly lifting yields and spurring speculation it is stepping up defence of the yuan currency which has been sliding since the election of Donald Trump as U.
China’s Central Bank Stops Buying Bonds as Deflation Fears Grip Economy
The unexpected action is intended to tamp down a potential bubble in the bond market fueled by investors shunning riskier assets like stocks and real estate.
China’s Central Bank Suspends Bond Buying as Yields, Yuan Fall
The move comes as long-term yields on Chinese bonds hit fresh lows amid expectations of more monetary policy easing.
China's central bank halts treasury bond buying citing short supply
China's central bank said on Friday it has decided to suspend treasury bond purchases temporarily due to short supply of the bonds, triggering a jump in yields across tenors. The People's Bank of China (PBOC) said in a statement it would resume bond buying depending on supply and demand in the government bond market.
2h
on MSN
China's Economy Faces Disaster as Population Ages
A top Civil Affairs Ministry official stressed new reforms must be rolled out over the next decade to be effective.
1h
China Evergrande ordered to repay its property unit $1.8 bln worth deposit pledges
China's Evergrande Property Services Group said on Friday a Guangzhou city court has ordered its parent China Evergrande to ...
2d
on MSN
Rising HMPV cases in China are ‘what we would expect to see’ in winter, health officials say
As China experiences a rise in respiratory infections this winter, one little-known virus has gotten a lot of attention – and ...
Interesting Engineering on MSN
18h
China’s new EV battery charges 80% in 8.5 minutes, packs 185 Wh/kg energy punch
Svolt Energy unveils the Fengxing Short Blade Battery, recharging 10-80 percent in 8.5 minutes with 6C tech and 185 Wh/kg ...
3h
People clash with police in northwest China, videos show
A group of people clashed with police in China's northwestern Shaanxi province in a rare protest outside a vocational school ...
1d
on MSN
How China Is Advancing in AI Despite U.S. Chip Restrictions
It was almost a year before a handful of Chinese AI chatbots received government approval for public release. Some questioned ...
23h
on MSN
China's bond market is signaling worry over a possible decades-long economic downturn
China's bond yields have plunged to all-time lows in recent weeks, drawing parallels to Japan's "lost decades," a long period ...
1d
on MSN
US special operators are going back to their 'roots' with an eye on China and Russia, senior Pentagon official says
After decades of counterterrorism, special operators are shifting back to supporting the joint force as the US faces powerful ...
2d
on MSN
What is the HMPV virus in China? The human metapneumovirus and its symptoms, explained.
The human metapneumovirus is reportedly surging in China, but should Americans be concerned? Here's what to know about HMPV ...
1d
on MSN
China bets on kitchen appliances to boost economy
China's top economic planning body has said the schemes, which were launched in March, have already produced "visible effects ...
2d
on MSN
In freezing temperatures, swimmers in China plunge into a river for health and joy
Even as the mercury dropped below freezing, enthusiasm soared among about a dozen hardy swimmers during an annual ritual in ...
40m
on MSN
Tesla is launching a refreshed Model Y in China as it takes on local rivals
Tesla has launched an updated version of its most successful car — but you can't order it in the US yet. The Elon Musk-run ...
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