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PDD Holdings invests RMB 100bn to boost growth, while Temu adapts to US trade tensions. Click here to read an analysis of PDD ...
Shopify's elevated valuation and I don't think the negatives are completely priced in yet, making it less favorable. Click ...
Alibaba is losing market share to PDD and Douyin in the China e-commerce business, and we don't see a quick fix in the near term. Alibaba's number of annual active consumers in the China retail ...
Photo: Fox News HONG KONG—China’s central bank said Wednesday that it would cut interest rates and inject more liquidity into the financial system, seeking to bolster the economy in response ...
China's central bank has cut a key interest rate as US tariffs threaten the economy. People's Bank of China Governor Pan Gongsheng announced Wednesday that the lending rate to commercial banks ...
BEIJING: China’s central bank governor on Wednesday flagged interest rate cuts and a liquidity injection into the banking system, among other monetary policy easing measures aimed at mitigating ...
The future of the global economy is riding on their success. The trade talks ... On Wednesday, the People’s Bank of China, the central bank, said it would cut the amount of cash that banks ...
On Wednesday, the head of China’s central bank Pan Gongsheng told a news conference that Beijing would cut a key interest rate and lower the amount banks must hold in reserve in order to boost ...
The People's Bank of China's Governor Pan Gongsheng told reporters the reserve requirement ratio (RRR) will release about 1 trillion yuan ($138 billion) in liquidity.
BEIJING — China has announced a barrage of measures ... as the two sides prepare for talks later this week. Beijing’s central bank governor and other top financial officials outlined plans ...
BEIJING (Reuters) -China's central bank governor said on Wednesday the bank would cut the amount of cash that banks must hold as reserves by 50 basis points, the first reduction in 2025 as ...
The partnership will include the launch of joint merchant accounts and performance dashboards, allowing brands to better ...