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China new year holiday spending surges past pre-pandemic levels

China's new year holiday spending last week surged past pre-pandemic levels, official figures showed, a rare bright spot for an economy struggling with sluggish consumption and deflation.

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China central bank leaves key policy rate unchanged under shadow of Federal Reserve

Beijing is striking a delicate balancing act to support the economy at a time when signs of persistent deflationary pressure call for more stimulus measures. But any aggressive monetary movement risks reviving depreciation pressure on the Chinese currency and capital outflows.

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China new year holiday spending surges past pre-pandemic levels

China's new year holiday spending last week surged past pre-pandemic levels, official figures showed, a rare bright spot for an economy struggling with sluggish consumption and deflation. Domestic spending on entertainment, dining and travel soared during this year's "Golden Week", which officially ended on Saturday, according to a statement from…

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China c bank leaves key policy rate unchanged under shadow of Federal Reserve

China's central bank left a key policy rate unchanged as expected on Sunday when rolling over maturing medium-term loans, with uncertain.

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China central bank leaves key policy rate unchanged under shadow of Federal Reserve By Reuters

China central bank leaves key policy rate unchanged under shadow of Federal Reserve By Reuters
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