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China Downturn Could Last Five Years Warns Central Bank

China Downturn Could Last Five Years Warns Central Bank An advisor to the People's Bank of China (PBoC) said China's economy might not recover for the next five years,.....»»

Category: blogSource: zerohedgeDec 12th, 2019

China Central Bank Warns Downward Pressure On Economy Increasing 

China Central Bank Warns Downward Pressure On Econom.....»»

Category: blogSource: zerohedgeNov 25th, 2019

IMF Warns U.S. Trade War With China Threatens Global Growth

Christine Lagarde, Managing Director of the International Monetary Fund (IMF), said what almost every economist already knows. At the Group of 20 meeting of Finance Ministers and Central Bank........»»

Category: blogSource: 247wallstJun 9th, 2019

Ex-PBOC Head Warns China"s Exporters Could Soon Ditch The US

Former Chinese central bank governor Zhou Xiaochuan suggested on Wednesday that the direct impact on China of.....»»

Category: blogSource: zerohedgeSep 20th, 2018

Bank of Japan Warns of Pressures From Global "Protectionist Moves"

The central bank kept its ultra-easy monetary policy in place as concerns grow about the impact of U.S.-China trade tensions on the Japanese economy......»»

Category: smallbizSource: wsjOct 31st, 2018

ECB"s Draghi warns of weaker growth ahead

European Central Bank President Mario Draghi acknowledged on Thursday that economic growth in the euro zone was likely to be weaker than earlier expected due to the fall-out from factors ranging from China's slowdown to Brexit.....»»

Category: topSource: reutersJan 24th, 2019

Gold prices have another 29% upside as China"s central bank continues its buying spree, famed economist says

China has purchased about 181 tonnes of gold over the past year, and is now the sixth-largest holder o.....»»

Category: smallbizSource: nytApr 23rd, 2024

People in China are so spooked about the economy that even the weak yuan isn"t stopping them from buying more gold

China's central bank has been on a buying spree for 17 straight months as it diversifies its h.....»»

Category: topSource: businessinsiderApr 22nd, 2024

"Central Bank Observers Take Note": HSBC Warns "Weak Bull" Commodity Run Has Begun

"Central Bank Observers Take Note": HSBC Warns "We.....»»

Category: dealsSource: nytApr 17th, 2024

Bitcoin tumbles as low as $30,000 amid a broad crypto sell-off after China signals a crackdown

Virtual currencies can't be used to conduct business as they don't have real value, China's central bank said. .....»»

Category: smallbizSource: nytMay 19th, 2021

Bitcoin tumbles below $40,000 and other coins slide after China signals a crypto crackdown, wiping $280 billion off the market

Virtual currencies can't be used to conduct business as they don't have real value, China's central bank said. Jaap Arriens/NurPhoto via Getty Image.....»»

Category: dealsSource: nytMay 19th, 2021

US Launching Five Digital Dollar Pilot Programs

US Launching Five Digital Dollar Pilot Programs By now it's common knowledge that China is leaps and bounds ahead of all other central banks in launching a CBDC, or Central Bank Digital Currency (which Beijing vows is not a challeng.....»»

Category: blogSource: zerohedgeMay 3rd, 2021

How China Is Closing In on Its Own Digital Currency: QuickTake

While there’s no launch date yet, the People’s Bank of China is likely to be the first major central bank to issue a digital version of its currency, the yuan, seeking to keep up with -- and control of -- a rapidly digitizing economy. Trials an.....»»

Category: topSource: washpostApr 29th, 2021

How China Is Closing In on Its Own Digital Currency

While there’s no launch date yet, the People’s Bank of China is likely to be the first major central bank to issue a digital version of its currency, the yuan, seeking to keep up with -- and control of -- a rapidly digitizing economy. Trials an.....»»

Category: topSource: washpostApr 29th, 2021

China"s Central Bank Researchers Urge Lifting Birth Limits To Keep Up With "Skilled Immigration-Fed" US

China's Central Bank Researchers Urge Lifting Birth Limits To Keep Up With 'Skilled Immigration-Fed' US China is still desperately seeking to recover from its disas.....»»

Category: smallbizSource: nytApr 20th, 2021

China softens tone on bitcoin, calling it an "investment alternative" after years of cracking down on crypto

"We regard bitcoin and stablecoin as crypto assets ...These are investment alternatives," Li Bo, deputy governor of China's central bank, told CNBC. A small toy figurine .....»»

Category: personnelSource: nytApr 19th, 2021

China Calls Bitcoin An "Investment Alternative" — Why The Move Is Significant

China’s central bank is now calling the world’s biggest cryptocurrency Bitcoin (BTC) an "investment alternative," CNBC read more.....»»

Category: blogSource: benzingaApr 19th, 2021

Jack Ma’s Ant group bows to Beijing with company overhaul

Jack Ma's Ant Group will apply to become a financial holding company, which will be overseen by China's central bank, subjecting the company to tighter regulations......»»

Category: topSource: foxnewsApr 12th, 2021

From Fixing to Signaling, How China Manages the Yuan

Monitoring how the People’s Bank of China handles its “managed float” system for the foreign-exchange market isn’t easy: The central bank has various tools at its disposal, some public, some hidden. While its thinking is essentially unknowable.....»»

Category: topSource: washpostMar 28th, 2021

Chinese Stocks Tumble To 2021 Low, Hong Kong Enters Correction As Central Bank Support Fades

Chinese Stocks Tumble To 2021 Low, Hong Kong Enters Correction As Central Bank Support Fades China’s benchmark stock index extended losses for a second day, closing at a new low for the year after br.....»»

Category: blogSource: zerohedgeMar 24th, 2021