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Xiaoqing Pi

China Industrial Profits Accelerate as Factory Prices Increase

China Industrial Profits Accelerate as Factory Prices Increase

July 22, 2020July 6, 2020 by LWN

Profit at commercial business in China sped up last month as costs recuperated. Industrial earnings increased 9.8 percent in October from a year previously to 616.1 billion yuan ($89 billion), the National Bureau of Statistics stated Sunday. That was faster …

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Categories General Tags China, Xiaoqing Pi
China Reserve Ratio Cut No Longer Expected This Year

China Reserve Ratio Cut No Longer Expected This Year

June 23, 2020 by LWN

Chinas reserve bank is not most likely to reduce the needed reserve ratio for significant banks this year as manufacturer rates continue increasing to a fresh five-year high, financial experts stated. The Peoples Bank of China will leave the reserve …

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Categories General Tags Bloomberg Intelligence, China, Cynthia Li, PBOC, RRR, Xiaoqing Pi
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