China Business Now

China Business Now

Welcome to China Business Now, a 3-minute digest of what happened in China’s business sector, presented by 21st Century Business Herald.

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CBN丨China lowered SLF rates after cutting reverse repo rate amid yuan loans decline

CBN丨China lowered SLF rates after cutting reverse repo rate amid yuan loans decline

Following a reverse repo rate cut, China’s central bank lowered the interest rate of another liquidity adjustment tool, the standing lending facility, to further stimulate the recovery of financing de...

15 Juni 20236min

CBN丨China’s central bank cuts short-term borrowing cost

CBN丨China’s central bank cuts short-term borrowing cost

China’s central bank lowered a short-term lending rate for the first time in 10 months on May 13, in a bid to restore market confidence and prop up post-pandemic recovery in the world’s second-largest...

14 Juni 20238min

CBN丨Major joint-stock Chinese banks cut yuan deposit rates

CBN丨Major joint-stock Chinese banks cut yuan deposit rates

Several Chinese commercial banks cut interest rates on a range of yuan deposits from May 12, following their larger peers in a coordinated move to ease pressure on profit margins and help inject liqui...

13 Juni 20239min

CBN Friday Special丨Theme park temptation: Does China need a third Disneyland?

CBN Friday Special丨Theme park temptation: Does China need a third Disneyland?

Since China’s optimization of Covid policy at the end of last year,  the country’s theme park industry quickly resume strong growth and sustain recovery momentum this year thanks to a post-Covid touri...

13 Juni 202311min

CBN丨China’s financial risks remain “controllable”: top financial regulator

CBN丨China’s financial risks remain “controllable”: top financial regulator

Preventing financial risks is the eternal theme of financial work, China’s top financial regulator says at Lujiazui Forum.   https://m.21jingji.com/article/20230608/herald/da6adf694055fc255809837f62db...

13 Juni 202310min

CBN丨Record 13m students sit China’s “gaokao” college entrance exams

CBN丨Record 13m students sit China’s “gaokao” college entrance exams

A record number of Chinese students on June 7 begins sitting the world's toughest college entrance examinations known as “gaokao”, the first since the country optimized its COVID rules last year. Chin...

13 Juni 202310min

CBN丨China makes strides in building a unified market

CBN丨China makes strides in building a unified market

China will step up efforts to build its unified national market with measures to expand market access and attract foreign investment.   https://m.21jingji.com/article/20230606/herald/bc6de519c767131ac...

13 Juni 20239min

CBN丨RCEP’s full implementation set to enhance regional economic integration

CBN丨RCEP’s full implementation set to enhance regional economic integration

The fully implemented Regional Comprehensive Economic Partnership pact will significantly enhance economic integration in the Asia-Pacific region and sustain the long-term and stable growth of the glo...

13 Juni 202310min

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