[Tree] China's monetary policy changes under new central bank governor

Version 0.43 (2024-09-04 03:39:10.842000)

updates: Three key monetary pivots introduced by Pan Gongsheng

Version 0.42 (2024-08-25 09:33:13.797000)

updates: PBOC shifts to supportive policy as risks ease

Version 0.41 (2024-08-04 03:22:06.947000)

updates: Huang Yiping calls for direct money transfers to households

Version 0.4 (2024-07-31 03:59:05.058000)

updates: China small bank consolidation amid monetary policy overhaul

Version 0.39 (2024-07-31 01:08:32.227000)

updates: Integration of information about China's monetary policy overhaul and its objectives

Version 0.38 (2024-07-27 12:00:22.960000)

updates: Updates on global economic indicators and central bank actions

Version 0.37 (2024-07-27 04:58:28.554000)

updates: China's rate cuts send shockwaves through global markets

Version 0.36 (2024-07-25 21:07:25.396000)

updates: China's central bank cuts one-year lending facility rate by 0.20 percentage points to 2.3% [19c93ed3].

Version 0.35 (2024-07-25 10:11:22.177000)

updates: China's central bank unexpectedly cuts interest rate to stabilize economy amidst sagging world markets

Version 0.34 (2024-07-25 01:58:07.939000)

updates: China's central bank cuts the medium-term lending facility rate to support economic activities

Version 0.33 (2024-07-23 03:11:06.036000)

updates: China's central bank cuts loan prime rates for the first time; HSBC recommends HKEX, CCB, BOC, CMB

Version 0.32 (2024-07-22 04:06:18.766000)

updates: China's central bank cuts short and long-term rates to support growth

Version 0.31 (2024-07-12 06:58:19.310000)

updates: Expectation of China central bank holding medium-term lending rate steady

Version 0.3 (2024-06-20 01:56:34.097000)

updates: China maintains unchanged benchmark lending rates

Version 0.29 (2024-06-02 04:54:23.945000)

updates: China's commercial banks face squeezed profits

Version 0.28 (2024-05-20 02:54:58.992000)

updates: China leaves benchmark lending rates unchanged amidst property sector stabilization efforts

Version 0.27 (2024-04-22 18:21:24.141000)

updates: China's central bank maintains benchmark lending rates amid economic recovery and debt concerns

Version 0.26 (2024-04-22 04:18:46.984000)

updates: Added information about deflation risks and weakened banking sector

Version 0.25 (2024-04-19 06:21:44.926000)

updates: Accommodative monetary policy, future adjustments, economic recovery, GDP growth, property market downturn, foreign investment

Version 0.24 (2024-04-15 08:23:15.102000)

updates: The PBOC maintains policy rate and drains banking system cash

Version 0.23 (2024-04-11 07:20:33.717000)

updates: China's central bank taking steps to stabilize yuan amidst record fixing gap

Version 0.22 (2024-04-04 22:18:04.924000)

updates: Updates on China's central bank's stance on easing policies and yuan depreciation

Version 0.21 (2024-03-26 06:21:55.687000)

updates: The yuan's swings against the dollar prompt suspicions of a PBOC shift

Version 0.2 (2024-03-14 06:19:44.828000)

updates: Updates on US economic data, PBOC rate decision, and inflation concerns

Version 0.19 (2024-02-29 05:20:54.408000)

updates: Updates on China parliament and robust stock inflows

Version 0.18 (2024-02-28 04:26:29.504000)

updates: The yuan weakened amidst economic pressure in China

Version 0.17 (2024-02-27 07:18:25.445000)

updates: The story now includes information about the PBOC's strategy to maintain yuan stability and navigate global economic cues.

Version 0.16 (2024-02-27 05:27:47.271000)

updates: The Chinese yuan held steady against the dollar as investors awaited US economic data on Federal Reserve rate cuts and US inflation. The People's Bank of China set the midpoint rate stronger than the previous fix to maintain currency stability.

Version 0.15 (2024-02-26 05:18:07.598000)

updates: The Chinese yuan weakened ahead of US inflation and Chinese manufacturing data

Version 0.14 (2024-02-26 05:17:39.969000)

updates: The yuan weakened ahead of US inflation and China manufacturing data

Version 0.13 (2024-02-22 05:21:01.589000)

updates: Yuan weakens after Fed minutes reinforce rate cut message

Version 0.12 (2024-01-19 06:51:31.265000)

updates: Updates on the weakening Chinese yuan against the dollar

Version 0.11 (2024-01-15 13:29:18.107000)

updates: Updates on the US dollar, Chinese yuan, and Taiwan dollar

Version 0.1 (2024-01-15 06:18:06.567000)

updates: Updates on the weakening of the US dollar and increased bets on Fed rate cuts, as well as the slide of the Chinese yuan after the PBOC's decision

Version 0.09 (2024-01-15 02:24:58.794000)

updates: Updates on the dollar, yuan, and economic data in China and global markets

Version 0.08 (2024-01-11 07:22:53.464000)

updates: The Chinese yuan strengthens against the US dollar amid US inflation report

Version 0.07 (2024-01-08 07:27:21.689000)

updates: Chinese yuan rebounds from three-week low against the dollar

Version 0.06 (2023-12-29 05:03:15.888000)

updates: Yuan hits 7-month high on last trading session of 2023

Version 0.05 (2023-12-28 03:04:06.752000)

updates: Updates on China's economic data and monetary policy

Version 0.04 (2023-12-27 07:06:47.052000)

updates: China's yuan is currently hovering close to a one-week low against the dollar due to signs of loosening yuan liquidity conditions in the onshore market.

Version 0.03 (2023-12-27 05:04:51.692000)

updates: China's yuan faces pressure as liquidity conditions loosen

Version 0.02 (2023-12-22 05:08:38.984000)

updates: China's yuan faced a decline against the dollar on Friday, on hopes of widening yield differentials between the world's two largest economies. Major Chinese commercial banks recently announced deposit rate cuts, leading market observers to interpret the move as a prelude to additional reductions in policy rates aimed at supporting the economy. The Big Five banks in China conveyed their decision to lower interest rates on select deposits, prompting expectations of a subsequent move by the People's Bank of China (PBOC) to cut policy lending rates in January 2024. Concerns about potential capital outflows and downward pressure on the yuan arise with expectations of widening yield differentials between China and the US. Lin Li, Head of Global Markets Research for Asia at MUFG, anticipates policy rate reductions in 2024 to mitigate deflationary risks, aiming to lower mortgage rates and alleviate financing burdens for companies.

Version 0.01 (2023-12-14 09:57:00.781000)

updates: Updates on the impact of US jobs data and Fed rate cuts on China's offshore yuan and the Chinese economy

Version 0.0 (2023-11-08 21:30:01.239000)

updates: