Posted by Reuters: Business News on January 1, 2012
BEIJING (Reuters) – China’s central bank governor argued in comments published on Saturday that Beijing does not control the yuan’s flow across borders as tightly as some think and that it is natural for the currency’s trading band to be widened over time.



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Posted by Reuters: Business News on November 30, 2011
BEIJING (Reuters) – China’s central bank cut the reserve requirement ratio for its commercial lenders on Wednesday for the first time in nearly three years to ease credit strains and shore up an economy running at its weakest pace since 2009.



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Posted by Reuters: Business News on
NEW YORK (Reuters) – Stock index futures rose on Wednesday after China unexpectedly cut its banks’ reserve requirements in hopes of boosting an economy running at its weakest pace since 2009.



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Posted by Reuters: Business News on
BEIJING (Reuters) – China’s central bank cut the reserve requirement ratio for its commercial lenders on Wednesday for the first time in nearly three years to ease credit strains and shore up an economy running at its weakest pace since 2009.



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Posted by Reuters: Business News on November 11, 2011
BEIJING (Reuters) – Chinese banks wrote 587 billion yuan ($92.5 billion) of new loans in October, much more than expected and a sharp jump from September, evidence of “selective” policy easing by the government to keep the world’s second-largest economy on an even keel.



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Posted by Reuters: Business News on November 7, 2011
HONG KONG (Reuters) – Bank of America Corp is considering further reducing its stake in China Construction Bank Corp, a newspaper reported said on Monday, after the bank cut its holding by half in August.



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Posted by Reuters: Business News on October 27, 2011
BEIJING (Reuters) – China is considering a proposal to set up a regional bank to help its small and medium enterprises (SMEs) invest in Southeast Asian neighbors, fund infrastructure projects and promote development in southwestern China, two independent sources said.



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Posted by admin on October 20, 2011
Investment bank Maxim Group, which has arranged at least seven PIPEs for Chinese companies worth $14…
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Posted by The PIPEs Report on
Investment bank Maxim Group, which has arranged at least seven PIPEs for Chinese companies worth $14…
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Posted by Reuters: Business News on October 11, 2011
(Reuters) – China’s purchases of beaten-down bank shares may be one of several baby steps along an easing path that eventually leads to interest rate cuts.



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