Economists stress H2 financial policies By CHEN JIA | CHINA DAILY | Updated: 2021-07-08 09:01 A technician works on the production line of LNG containers at a plant in Lianyungang, Jiangsu province. [Photo by GENG YUHE/FOR CHINA DAILY]
Financial policies should sustain economic recovery and contain risks to financial stability in the second half of this year, to avoid sharp regulatory tightening, economists said on Wednesday.
Since the so-called retaliatory rebound in consumption and robust exports are expected to cool down a bit in the second half, China s economic growth is likely to moderate after a rapid first-half recovery. This would require financial regulators to avoid sudden policy tightening or abrupt measures, they said.
More credit urged for small biz By CHEN JIA | China Daily | Updated: 2021-07-07 09:02 Share CLOSE The booth of China Minsheng Bank promotes lending to smaller businesses during an expo in Beijing. [Photo by Chen Xiaogen/For China Daily]
Central bank asks lenders to utilize special policy tools, shore up real economy
China s central bank has urged banking financial institutions to increase credit supply to smaller businesses.
That can be done now given the current special monetary policy tools and market funding, the People s Bank of China said in a message on Monday.
Enhanced credit to small businesses will help maintain financial support to the real economy, the PBOC said.
Three corporate giants are posing a stiff test for Chinese banks economist.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from economist.com Daily Mail and Mail on Sunday newspapers.
Department of Defense Awards Scholarships to Six Embry-Riddle Students
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Six students from Embry-Riddle Aeronautical University recently received Science, Mathematics, and Research for Transformation (SMART) scholarships from the United States Department of Defense.
Ph.D. student Nicholas Zhu conducts research on experimental aerodynamics in the subsonic wind tunnel on Embry-Riddle’s Daytona Beach Campus. (Photo: Embry-Riddle/David Massey)
“This scholarship will make a huge difference in my life. Now I can focus more energy into my classes, as well as gain experience through internships while I am still in school.” - Kayann Coote, Aerospace Engineering junior DAYTONA BEACH, Fla. (PRWEB)
New Signs Show That China Is Cracking Down on Debt Again nbcsandiego.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nbcsandiego.com Daily Mail and Mail on Sunday newspapers.