China signals easier monetary policy, reviving worries about weaker growth

CNBC2021-07-09

KEY POINTS China's top executive body said late Wednesday the central bank would stimulate the economy with cuts to the amount of funds banks need to hold in reserve. "We think this policy signal ...

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精彩评论

77c48c
2021-07-09
77c48c
Good aharing info
Ermmmmmm
2021-07-09
Ermmmmmm
Not sure it is relaxing or tightening ??
BlueDragon
2021-07-09
BlueDragon
Good news
SSVC
2021-07-09
SSVC
Nice Appreciate your response and comments Thanks
DLiew
2021-07-09
DLiew
Like
Archiparia
2021-07-09
Archiparia
Hi

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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChina signals easier monetary policy, reviving worries about weaker growth\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-09 07:33 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/07/08/china-economy-pboc-central-bank-signals-rrr-cut-in-surprise-policy-move.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nChina's top executive body said late Wednesday the central bank would stimulate the economy with cuts to the amount of funds banks need to hold in reserve.\n\"We think this policy signal ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/08/china-economy-pboc-central-bank-signals-rrr-cut-in-surprise-policy-move.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CAAS":"中汽系统"},"source_url":"https://www.cnbc.com/2021/07/08/china-economy-pboc-central-bank-signals-rrr-cut-in-surprise-policy-move.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1126734950","content_text":"KEY POINTS\n\nChina's top executive body said late Wednesday the central bank would stimulate the economy with cuts to the amount of funds banks need to hold in reserve.\n\"We think this policy signal suggests the economy likely slowed in June,\" Zhiwei Zhang, chief economist, Pinpoint Asset Management, said in a note.\n\nBEIJING — China's top executive body surprised investors late Wednesday by saying the central bank would stimulate the economy by cutting the amount of funds banks need to hold in reserve.\n\"We think this policy signal suggests the economy likely slowed in June,\" Zhiwei Zhang, chief economist, Pinpoint Asset Management, said in a note. He said policymakers likely already know what retail sales and other macroeconomic data for June look like.\nEconomic data for last month and second-quarter gross domestic product are due out on Thursday next week.\nInvestors may already have some clues. On Monday, the China Association of Automobile Manufacturers said passenger car sales in China likely fell 14.9% in June from a year ago. Autos are a major component of retail sales.\nThe People's Bank of China last cut the reserve requirement ratio, or RRR, in April 2020, when the country was emerging from the height of its struggle to contain the domestic spread of Covid-19.\nChina managed to quickly control the domestic outbreak and was the only major economy to grow last year. But the persistent spread of the disease overseas and asurge in commodity priceshave added to uncertainties at home.\nIn the last two months, consumer spending — which China is trying to rely more on for growth — grew slower than expected and authorities have kept up theirefforts to support smaller, privately owned businesses,which generate a significant share of jobs.\nThe State Council meeting on Wednesday, chaired by Premier Li Keqiang, stuck to the same tone of support.\n\"Given the impact of higher commodity prices on business production and operation, the meeting decided to maintain the stability of the monetary policy and enhance its effectiveness, without resorting to massive stimulus,\" a press release of the meeting said.","news_type":1,"symbols_score_info":{"CAAS":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":143289258,"gmtCreate":1625795960574,"gmtModify":1633937237829,"author":{"id":"4087557783698070","authorId":"4087557783698070","name":"Ermmmmmm","avatar":"https://static.tigerbbs.com/b89bbeb73fe9212f0b5efc7185ae8a51","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"4087557783698070","authorIdStr":"4087557783698070"},"htmlText":"Not sure it is relaxing or tightening ??","listText":"Not sure it is relaxing or tightening ??","text":"Not sure it is relaxing or tightening ??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/143289258","repostId":1126734950,"repostType":4,"repost":{"id":"1126734950","kind":"news","pubTimestamp":1625787189,"share":"https://ttm.financial/m/news/1126734950?lang=&edition=full","pubTime":"2021-07-09 07:33","market":"us","language":"en","title":"China signals easier monetary policy, reviving worries about weaker growth","url":"https://stock-news.laohu8.com/highlight/detail?id=1126734950","media":"CNBC","summary":"KEY POINTS\n\nChina's top executive body said late Wednesday the central bank would stimulate the econ","content":"<div>\n<p>KEY POINTS\n\nChina's top executive body said late Wednesday the central bank would stimulate the economy with cuts to the amount of funds banks need to hold in reserve.\n\"We think this policy signal ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/08/china-economy-pboc-central-bank-signals-rrr-cut-in-surprise-policy-move.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>China signals easier monetary policy, reviving worries about weaker growth</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChina signals easier monetary policy, reviving worries about weaker growth\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-09 07:33 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/07/08/china-economy-pboc-central-bank-signals-rrr-cut-in-surprise-policy-move.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nChina's top executive body said late Wednesday the central bank would stimulate the economy with cuts to the amount of funds banks need to hold in reserve.\n\"We think this policy signal ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/08/china-economy-pboc-central-bank-signals-rrr-cut-in-surprise-policy-move.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CAAS":"中汽系统"},"source_url":"https://www.cnbc.com/2021/07/08/china-economy-pboc-central-bank-signals-rrr-cut-in-surprise-policy-move.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1126734950","content_text":"KEY POINTS\n\nChina's top executive body said late Wednesday the central bank would stimulate the economy with cuts to the amount of funds banks need to hold in reserve.\n\"We think this policy signal suggests the economy likely slowed in June,\" Zhiwei Zhang, chief economist, Pinpoint Asset Management, said in a note.\n\nBEIJING — China's top executive body surprised investors late Wednesday by saying the central bank would stimulate the economy by cutting the amount of funds banks need to hold in reserve.\n\"We think this policy signal suggests the economy likely slowed in June,\" Zhiwei Zhang, chief economist, Pinpoint Asset Management, said in a note. He said policymakers likely already know what retail sales and other macroeconomic data for June look like.\nEconomic data for last month and second-quarter gross domestic product are due out on Thursday next week.\nInvestors may already have some clues. On Monday, the China Association of Automobile Manufacturers said passenger car sales in China likely fell 14.9% in June from a year ago. Autos are a major component of retail sales.\nThe People's Bank of China last cut the reserve requirement ratio, or RRR, in April 2020, when the country was emerging from the height of its struggle to contain the domestic spread of Covid-19.\nChina managed to quickly control the domestic outbreak and was the only major economy to grow last year. But the persistent spread of the disease overseas and asurge in commodity priceshave added to uncertainties at home.\nIn the last two months, consumer spending — which China is trying to rely more on for growth — grew slower than expected and authorities have kept up theirefforts to support smaller, privately owned businesses,which generate a significant share of jobs.\nThe State Council meeting on Wednesday, chaired by Premier Li Keqiang, stuck to the same tone of support.\n\"Given the impact of higher commodity prices on business production and operation, the meeting decided to maintain the stability of the monetary policy and enhance its effectiveness, without resorting to massive stimulus,\" a press release of the meeting said.","news_type":1,"symbols_score_info":{"CAAS":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":143235779,"gmtCreate":1625795470391,"gmtModify":1633937248845,"author":{"id":"4087932884013320","authorId":"4087932884013320","name":"BlueDragon","avatar":"https://static.tigerbbs.com/431c326e19a16844e147d10866565f27","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"4087932884013320","authorIdStr":"4087932884013320"},"htmlText":"Good news","listText":"Good news","text":"Good news","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/143235779","repostId":1126734950,"repostType":4,"repost":{"id":"1126734950","kind":"news","pubTimestamp":1625787189,"share":"https://ttm.financial/m/news/1126734950?lang=&edition=full","pubTime":"2021-07-09 07:33","market":"us","language":"en","title":"China signals easier monetary policy, reviving worries about weaker growth","url":"https://stock-news.laohu8.com/highlight/detail?id=1126734950","media":"CNBC","summary":"KEY POINTS\n\nChina's top executive body said late Wednesday the central bank would stimulate the econ","content":"<div>\n<p>KEY POINTS\n\nChina's top executive body said late Wednesday the central bank would stimulate the economy with cuts to the amount of funds banks need to hold in reserve.\n\"We think this policy signal ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/08/china-economy-pboc-central-bank-signals-rrr-cut-in-surprise-policy-move.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>China signals easier monetary policy, reviving worries about weaker growth</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChina signals easier monetary policy, reviving worries about weaker growth\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-09 07:33 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/07/08/china-economy-pboc-central-bank-signals-rrr-cut-in-surprise-policy-move.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nChina's top executive body said late Wednesday the central bank would stimulate the economy with cuts to the amount of funds banks need to hold in reserve.\n\"We think this policy signal ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/08/china-economy-pboc-central-bank-signals-rrr-cut-in-surprise-policy-move.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CAAS":"中汽系统"},"source_url":"https://www.cnbc.com/2021/07/08/china-economy-pboc-central-bank-signals-rrr-cut-in-surprise-policy-move.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1126734950","content_text":"KEY POINTS\n\nChina's top executive body said late Wednesday the central bank would stimulate the economy with cuts to the amount of funds banks need to hold in reserve.\n\"We think this policy signal suggests the economy likely slowed in June,\" Zhiwei Zhang, chief economist, Pinpoint Asset Management, said in a note.\n\nBEIJING — China's top executive body surprised investors late Wednesday by saying the central bank would stimulate the economy by cutting the amount of funds banks need to hold in reserve.\n\"We think this policy signal suggests the economy likely slowed in June,\" Zhiwei Zhang, chief economist, Pinpoint Asset Management, said in a note. He said policymakers likely already know what retail sales and other macroeconomic data for June look like.\nEconomic data for last month and second-quarter gross domestic product are due out on Thursday next week.\nInvestors may already have some clues. On Monday, the China Association of Automobile Manufacturers said passenger car sales in China likely fell 14.9% in June from a year ago. Autos are a major component of retail sales.\nThe People's Bank of China last cut the reserve requirement ratio, or RRR, in April 2020, when the country was emerging from the height of its struggle to contain the domestic spread of Covid-19.\nChina managed to quickly control the domestic outbreak and was the only major economy to grow last year. But the persistent spread of the disease overseas and asurge in commodity priceshave added to uncertainties at home.\nIn the last two months, consumer spending — which China is trying to rely more on for growth — grew slower than expected and authorities have kept up theirefforts to support smaller, privately owned businesses,which generate a significant share of jobs.\nThe State Council meeting on Wednesday, chaired by Premier Li Keqiang, stuck to the same tone of support.\n\"Given the impact of higher commodity prices on business production and operation, the meeting decided to maintain the stability of the monetary policy and enhance its effectiveness, without resorting to massive stimulus,\" a press release of the meeting said.","news_type":1,"symbols_score_info":{"CAAS":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":143209291,"gmtCreate":1625794380113,"gmtModify":1633937268874,"author":{"id":"3574906731000207","authorId":"3574906731000207","name":"SSVC","avatar":"https://static.tigerbbs.com/545a5ea462ff4ac7cc100bd3d8d97f72","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3574906731000207","authorIdStr":"3574906731000207"},"htmlText":"Nice Appreciate your response and comments Thanks&nbsp;","listText":"Nice Appreciate your response and comments Thanks&nbsp;","text":"Nice Appreciate your response and comments Thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/143209291","repostId":1126734950,"repostType":4,"repost":{"id":"1126734950","kind":"news","pubTimestamp":1625787189,"share":"https://ttm.financial/m/news/1126734950?lang=&edition=full","pubTime":"2021-07-09 07:33","market":"us","language":"en","title":"China signals easier monetary policy, reviving worries about weaker growth","url":"https://stock-news.laohu8.com/highlight/detail?id=1126734950","media":"CNBC","summary":"KEY POINTS\n\nChina's top executive body said late Wednesday the central bank would stimulate the econ","content":"<div>\n<p>KEY POINTS\n\nChina's top executive body said late Wednesday the central bank would stimulate the economy with cuts to the amount of funds banks need to hold in reserve.\n\"We think this policy signal ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/08/china-economy-pboc-central-bank-signals-rrr-cut-in-surprise-policy-move.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>China signals easier monetary policy, reviving worries about weaker growth</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChina signals easier monetary policy, reviving worries about weaker growth\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-09 07:33 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/07/08/china-economy-pboc-central-bank-signals-rrr-cut-in-surprise-policy-move.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nChina's top executive body said late Wednesday the central bank would stimulate the economy with cuts to the amount of funds banks need to hold in reserve.\n\"We think this policy signal ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/08/china-economy-pboc-central-bank-signals-rrr-cut-in-surprise-policy-move.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CAAS":"中汽系统"},"source_url":"https://www.cnbc.com/2021/07/08/china-economy-pboc-central-bank-signals-rrr-cut-in-surprise-policy-move.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1126734950","content_text":"KEY POINTS\n\nChina's top executive body said late Wednesday the central bank would stimulate the economy with cuts to the amount of funds banks need to hold in reserve.\n\"We think this policy signal suggests the economy likely slowed in June,\" Zhiwei Zhang, chief economist, Pinpoint Asset Management, said in a note.\n\nBEIJING — China's top executive body surprised investors late Wednesday by saying the central bank would stimulate the economy by cutting the amount of funds banks need to hold in reserve.\n\"We think this policy signal suggests the economy likely slowed in June,\" Zhiwei Zhang, chief economist, Pinpoint Asset Management, said in a note. He said policymakers likely already know what retail sales and other macroeconomic data for June look like.\nEconomic data for last month and second-quarter gross domestic product are due out on Thursday next week.\nInvestors may already have some clues. On Monday, the China Association of Automobile Manufacturers said passenger car sales in China likely fell 14.9% in June from a year ago. Autos are a major component of retail sales.\nThe People's Bank of China last cut the reserve requirement ratio, or RRR, in April 2020, when the country was emerging from the height of its struggle to contain the domestic spread of Covid-19.\nChina managed to quickly control the domestic outbreak and was the only major economy to grow last year. But the persistent spread of the disease overseas and asurge in commodity priceshave added to uncertainties at home.\nIn the last two months, consumer spending — which China is trying to rely more on for growth — grew slower than expected and authorities have kept up theirefforts to support smaller, privately owned businesses,which generate a significant share of jobs.\nThe State Council meeting on Wednesday, chaired by Premier Li Keqiang, stuck to the same tone of support.\n\"Given the impact of higher commodity prices on business production and operation, the meeting decided to maintain the stability of the monetary policy and enhance its effectiveness, without resorting to massive stimulus,\" a press release of the meeting said.","news_type":1,"symbols_score_info":{"CAAS":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":143673863,"gmtCreate":1625793968352,"gmtModify":1633937276286,"author":{"id":"3577525278195004","authorId":"3577525278195004","name":"DLiew","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3577525278195004","authorIdStr":"3577525278195004"},"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/143673863","repostId":1126734950,"repostType":4,"repost":{"id":"1126734950","kind":"news","pubTimestamp":1625787189,"share":"https://ttm.financial/m/news/1126734950?lang=&edition=full","pubTime":"2021-07-09 07:33","market":"us","language":"en","title":"China signals easier monetary policy, reviving worries about weaker growth","url":"https://stock-news.laohu8.com/highlight/detail?id=1126734950","media":"CNBC","summary":"KEY POINTS\n\nChina's top executive body said late Wednesday the central bank would stimulate the econ","content":"<div>\n<p>KEY POINTS\n\nChina's top executive body said late Wednesday the central bank would stimulate the economy with cuts to the amount of funds banks need to hold in reserve.\n\"We think this policy signal ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/08/china-economy-pboc-central-bank-signals-rrr-cut-in-surprise-policy-move.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>China signals easier monetary policy, reviving worries about weaker growth</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChina signals easier monetary policy, reviving worries about weaker growth\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-09 07:33 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/07/08/china-economy-pboc-central-bank-signals-rrr-cut-in-surprise-policy-move.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nChina's top executive body said late Wednesday the central bank would stimulate the economy with cuts to the amount of funds banks need to hold in reserve.\n\"We think this policy signal ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/08/china-economy-pboc-central-bank-signals-rrr-cut-in-surprise-policy-move.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CAAS":"中汽系统"},"source_url":"https://www.cnbc.com/2021/07/08/china-economy-pboc-central-bank-signals-rrr-cut-in-surprise-policy-move.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1126734950","content_text":"KEY POINTS\n\nChina's top executive body said late Wednesday the central bank would stimulate the economy with cuts to the amount of funds banks need to hold in reserve.\n\"We think this policy signal suggests the economy likely slowed in June,\" Zhiwei Zhang, chief economist, Pinpoint Asset Management, said in a note.\n\nBEIJING — China's top executive body surprised investors late Wednesday by saying the central bank would stimulate the economy by cutting the amount of funds banks need to hold in reserve.\n\"We think this policy signal suggests the economy likely slowed in June,\" Zhiwei Zhang, chief economist, Pinpoint Asset Management, said in a note. He said policymakers likely already know what retail sales and other macroeconomic data for June look like.\nEconomic data for last month and second-quarter gross domestic product are due out on Thursday next week.\nInvestors may already have some clues. On Monday, the China Association of Automobile Manufacturers said passenger car sales in China likely fell 14.9% in June from a year ago. Autos are a major component of retail sales.\nThe People's Bank of China last cut the reserve requirement ratio, or RRR, in April 2020, when the country was emerging from the height of its struggle to contain the domestic spread of Covid-19.\nChina managed to quickly control the domestic outbreak and was the only major economy to grow last year. But the persistent spread of the disease overseas and asurge in commodity priceshave added to uncertainties at home.\nIn the last two months, consumer spending — which China is trying to rely more on for growth — grew slower than expected and authorities have kept up theirefforts to support smaller, privately owned businesses,which generate a significant share of jobs.\nThe State Council meeting on Wednesday, chaired by Premier Li Keqiang, stuck to the same tone of support.\n\"Given the impact of higher commodity prices on business production and operation, the meeting decided to maintain the stability of the monetary policy and enhance its effectiveness, without resorting to massive stimulus,\" a press release of the meeting said.","news_type":1,"symbols_score_info":{"CAAS":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":143650079,"gmtCreate":1625792864591,"gmtModify":1633937294642,"author":{"id":"3582928483660659","authorId":"3582928483660659","name":"Archiparia","avatar":"https://static.tigerbbs.com/f8cc7fc40996c719dfef5dc0edc1819b","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3582928483660659","authorIdStr":"3582928483660659"},"htmlText":"Hi","listText":"Hi","text":"Hi","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/143650079","repostId":1126734950,"repostType":4,"repost":{"id":"1126734950","kind":"news","pubTimestamp":1625787189,"share":"https://ttm.financial/m/news/1126734950?lang=&edition=full","pubTime":"2021-07-09 07:33","market":"us","language":"en","title":"China signals easier monetary policy, reviving worries about weaker growth","url":"https://stock-news.laohu8.com/highlight/detail?id=1126734950","media":"CNBC","summary":"KEY POINTS\n\nChina's top executive body said late Wednesday the central bank would stimulate the econ","content":"<div>\n<p>KEY POINTS\n\nChina's top executive body said late Wednesday the central bank would stimulate the economy with cuts to the amount of funds banks need to hold in reserve.\n\"We think this policy signal ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/08/china-economy-pboc-central-bank-signals-rrr-cut-in-surprise-policy-move.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>China signals easier monetary policy, reviving worries about weaker growth</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChina signals easier monetary policy, reviving worries about weaker growth\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-09 07:33 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/07/08/china-economy-pboc-central-bank-signals-rrr-cut-in-surprise-policy-move.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nChina's top executive body said late Wednesday the central bank would stimulate the economy with cuts to the amount of funds banks need to hold in reserve.\n\"We think this policy signal ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/08/china-economy-pboc-central-bank-signals-rrr-cut-in-surprise-policy-move.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CAAS":"中汽系统"},"source_url":"https://www.cnbc.com/2021/07/08/china-economy-pboc-central-bank-signals-rrr-cut-in-surprise-policy-move.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1126734950","content_text":"KEY POINTS\n\nChina's top executive body said late Wednesday the central bank would stimulate the economy with cuts to the amount of funds banks need to hold in reserve.\n\"We think this policy signal suggests the economy likely slowed in June,\" Zhiwei Zhang, chief economist, Pinpoint Asset Management, said in a note.\n\nBEIJING — China's top executive body surprised investors late Wednesday by saying the central bank would stimulate the economy by cutting the amount of funds banks need to hold in reserve.\n\"We think this policy signal suggests the economy likely slowed in June,\" Zhiwei Zhang, chief economist, Pinpoint Asset Management, said in a note. He said policymakers likely already know what retail sales and other macroeconomic data for June look like.\nEconomic data for last month and second-quarter gross domestic product are due out on Thursday next week.\nInvestors may already have some clues. On Monday, the China Association of Automobile Manufacturers said passenger car sales in China likely fell 14.9% in June from a year ago. Autos are a major component of retail sales.\nThe People's Bank of China last cut the reserve requirement ratio, or RRR, in April 2020, when the country was emerging from the height of its struggle to contain the domestic spread of Covid-19.\nChina managed to quickly control the domestic outbreak and was the only major economy to grow last year. But the persistent spread of the disease overseas and asurge in commodity priceshave added to uncertainties at home.\nIn the last two months, consumer spending — which China is trying to rely more on for growth — grew slower than expected and authorities have kept up theirefforts to support smaller, privately owned businesses,which generate a significant share of jobs.\nThe State Council meeting on Wednesday, chaired by Premier Li Keqiang, stuck to the same tone of support.\n\"Given the impact of higher commodity prices on business production and operation, the meeting decided to maintain the stability of the monetary policy and enhance its effectiveness, without resorting to massive stimulus,\" a press release of the meeting said.","news_type":1,"symbols_score_info":{"CAAS":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":256,"commentSize":38,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":false,"deviceId":"web-server-community-laohu8-v3","version":"4.34.2","shortVersion":"4.34.2","platform":"web","vendor":"web","appName":"laohu8","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1126734950"}