Xia Yining

2 months ago | caixinglobal.com | Wu Xiaomeng |Xia Yining |Denise Jia

00:00/00:00 您的浏览器不支持 audio 标签。 Listen to this article 1x Chinese mainland citizens will soon be able to open foreign currency bank accounts at mainland branches of Hong Kong and Macau banks, though restrictions on opening offshore bank accounts remain unchanged. The National Financial Regulatory Administration (NFRA) announced Wednesday that these branches will be allowed to issue bank cards to existing customers from March 1.

Jan 8, 2025 | caixinglobal.com | Fan Qianchan |Yu Cong |Xia Yining |Denise Jia

China is increasing its efforts to boost economic activity in 2025 with expanded subsidies for equipment upgrades and consumer product trade-ins, backed by a central government allocation of 810 billion yuan ($111 billion). The new measures aim to stimulate spending and modernize industries, building on the success of similar initiatives in 2024.

Sep 7, 2024 | caixinglobal.com | Xia Yining

受美联储政策信号影响，美元指数在“逆势”盘桓半年多之后，终于开始依照降息逻辑调整。2024年7月以来的两个月中，美元指数从接近106降至100附近。与此同时，中国国内外汇市场的交易热度攀升。 Influenced by the Federal Reserve's policy signals, the U.S. Dollar Index has finally begun to adjust in line with rate-cut expectations after hovering "against the trend" for more than six months. From July 2024 over a span of two months, the Dollar Index has dropped from nearly 106 to around 100. Meanwhile, trading activity in China's domestic foreign exchange market has surged.

Sep 5, 2024 | caixinglobal.com | Xia Yining |Denise Jia

00:00/00:00 您的浏览器不支持 audio 标签。 Listen to this article 1x China’s central bank still has room to lower reserve requirement ratios (RRRs), but interest rate cuts are limited by constraints, Zou Lan, head of the central bank’s monetary policy department, said at a press conference Thursday.

Jul 27, 2024 | caixinglobal.com | Xia Yining |Wang Liwei

“去年初，很多人预期并购市场或会有所好转，结果落空了；今年初，大家期待能比上年好些，如今半年过去了，还没有明显起色。”一位大行并购金融业务人士近日对财新说。 "At the beginning of last year, many anticipated an improvement in the M&A market, which ultimately did not materialize. This year, there were hopes for better outcomes compared to the previous year. Yet, six months have passed, and there are still no significant signs of recovery," a major financial institution’s M&A specialist recently told Caixin.