China's new bank loans tumbled more than expected in April from the previous month. The development has further raised concerns regarding the economy's recovery and regulators have called on banks to cap rates offered on some deposits from next week, The Standard reported.
Hong Kong, June 14 (ANI): Foreign investors are dumping yuan and fleeing China post COVID-19 lockdown and rate cuts which is exacerbating foreign capital outflow.
Hong Kong, May 10 (ANI): Chinese Premier Li Keqiang painted a grim picture of the job market in the world's most populous nation due to widespread COVID-19 lockdowns.
Beijing [China], January 20 (ANI): China's heavy-handed and draconian approach to handling COVID-19 lockdowns has left millions of its residents struggling to meet basic daily needs, said a media report.
Hong Kong, October 26 (ANI): China is re-imposing fresh lockdowns amid rising COVID-19 infections, the country recorded more than 100 cases across 11 provinces over the last week.
Beijing [China], April 17 (Sputnik/ANI): The authorities of the Chinese city of Wuhan - the epicenter of the COVID-19 pandemic - have recalculated statistics of the coronavirus disease, increasing the number of confirmed cases by 325 to 50,333 and the death toll by 1,290 to 3,869.