The governor of the People’s Bank of China, Pan Gongsheng, has announced new measures meant to boost the country’s ailing economy. China’s central bank is lowering its benchmark interest rate as well as reducing the cash requirement that banks are supposed to hold in a bid to free up lending capacity and reach the government’s target of 5 percent growth this year. Also in this edition, a new report outlines the deforestation threats in Malaysia’s Sarawak state and what the EU can do about it.
Related Posts
Business unusual: What’s on French bosses’ minds?
After a summer of Olympic fever, it’s back to business in France. But uncertainty dominates after snap elections earlier this summer returned a hung parliament. […]
US – China chip war heats up as Beijing bans export of key minerals
A day after the US government announced new export restrictions hitting China’s chip industry, Beijing retaliated with a ban on the sale of key minerals […]
Kamala Harris says US Steel should remain domestically owned
US vice president and presidential candidate Kamala Harris used a Labor Day speech to criticise a deal that would see American steelmaker US Steel taken […]