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Tag: macro

China\’s yuan loans maintain fast growth momentum in first 2 months

wangxiao03/30/20240

Photo shows the headquarters of the People\’s Bank of China. (Xinhua/Cai Yang)
BEIJING, March 15 (Xinhua) — China\’s yuan-denominated loans rose by 6.37 trillion yuan (899.8 billion U.S. dollars) in th

CPC leadership holds meeting on 2024 economic work, anti-corruption work, Party discipline

wangxiao12/27/20230

BEIJING, Dec. 8 (Xinhua) — The Political Bureau of the Communist Party of China (CPC) Central Committee on Friday held a meeting to analyze and study the economic work of 2024, arrange Party conduct

Chinese premier stresses nurturing new drivers for high-quality dev\’t

wangxiao10/14/20230

Chinese Premier Li Qiang, also a member of the Standing Committee of the Political Bureau of the Communist Party of China Central Committee, presides over a symposium on the economic situation attende

Intensified govt policy support set to boost economic growth in Q4

wangxiao09/20/20230

SONG CHEN/CHINA DAILY
China\’s credit is expanding again. The country\’s total social financing increased by over 3 trillion yuan (about $412 billion) in August, the second-highest level recorded in his

Fitch raises China\’s GDP forecast to 5.6 percent for 2023

wangxiao06/28/20230

Fitch Ratings recently raised China\’s 2023 GDP forecast from 5.2 percent to 5.6 percent after a swifter-than-expected reopening rebound in the first quarter.
\”China\’s reopening rebound was a lot stron

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