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China to maintain ample liquidity in 2023 to implement proactive fiscal policy – state media

China to maintain ample liquidity in 2023 to implement proactive fiscal policy – state media
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Xu hongcaiLiu guoqiangPeople bankGovernor liu guoqiangVice finance minister xu hongcaiCentral economic work conferenceShanghai newsroom

China to maintain ample liquidity in 2023 to implement proactive fiscal policy – state media

SHANGHAI (Reuters) - China will maintain reasonably ample liquidity in financial markets while better serving needs from the real economy next year, s.

Xu hongcaiLiu guoqiangPeople bankGovernor liu guoqiangVice finance minister xu hongcaiCentral economic work conferenceShanghai newsroom

Forex risk reserve ratio up to 20%

The People s Bank of China, the country s central bank, announced before trading started on Monday it had hiked the foreign exchange risk reserve ratio for forward trading from zero percent to 20 percent, effective Wednesday.

United kingdomWu chaomingLiu guoqiangPeople bankInternational economic instituteZhixin investment research instituteChina minsheng bankChasing international economic instituteWen binChina minshengShenwan hongyuan securitiesGovernor liu guoqiang

China is taking more visible measures to slow currency s descent

The People’s Bank of China set the yuan’s reference rate at 6.9096 per dollar on Tuesday.

New zealandKhoon gohPaul yeung bloombergLiu guoqiangPeople bankAsia researchNew zealand bankingGovernor liu guoqiang

Why China s Central Bank Is Shoring Up the Yuan

China’s central bank has sent a strong signal it wants to keep the Chinese yuan from weakening too quickly against the U.S. dollar, economists said.

Ting luUnited statesMaggie weiLiu guoqiangJulian evans pritchardPeople bankGoldman sachsFort worthfor appleCommunist partyPresident xi jinpingWind informationCapital economicsBox asiaGovernor liu guoqiang

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