PBOC cuts interest rate on 1-year MLF to 3.25% from 3.30%

The People’s Bank of China (PBOC) is out with the latest statement, citing that cuts interest rate on 1-year MLF to 3.25% from 3.30%.

Nov 5, 2019

China's Caixin services PMI unexpectedly drops to 51.1 in October, Aussie unfazed

China's Caixin services PMI for October came in at 51.1 vs. 52.8 expected and 51.3 last, which marked the slowest increase in services activity for ei

China’s Pres. Xi: “We need to stand firm against protectionism, unilateralism”

China’s President XI Jinping is on the wires now, via Reuters, delivering a keynote address at the annual party meeting. Key Quotes: WE MUST TAKE MORE