China February new bank loans fall to 1.01 trillion yuan, below forecasts
China's banks extended 1.01 trillion yuan ($139.66 billion) of new loans in February, well below analysts' forecasts, ...
China Feb bank lending slows more than expected as US tariffs add to uncertainty
New bank lending in China tumbled more than expected in February from a record high the previous month, even as policymakers ...
CCN on MSN2d
China’s ICBC Backs AI Push With $11 B Fund as Beijing Mobilizes 1 T Yuan for Tech Startups
The Industrial and Commercial Bank of China (ICBC) has launched an 80 billion yuan technology and innovation fund. This ...
Xinhua Daily Press Group9h
EconoScope | How eastern Chinese city achieved dual milestones of 1 tln yuan GDP, 10 mln population
In 2024, the city’s permanent population surpassed 10 million, making it the fourth in the Yangtze River Delta, one of China's most economically vibrant regions, to reach this milestone, following ...
Exchange Rates1d
US Dollar to Yuan Forecast: 7.2369 in One Month
Yesterday’s session saw the US Dollar Chinese Yuan (USD/CNY) exchange rate attempt to break above the December high of 6. 9153... UPDATE: The EUR/USD exchange rate is trading in the mid-1.
UPDATE 1-China to set up national venture capital guidance fund, state planner says
China will set up a government-backed fund in the near future that will mobilize 1 trillion yuan ($138.01 billion) from social capital to support technology startups, Zheng Shanjie, the head of ...