Page 4 - Wang Qing News Today

BEIJING: The People’s Bank of China’s (PBoC) announcement last Thursday of a second cut to the reserve requirement ratio (RRR) this year, signals that policymakers are decisively ramping up stimulus to reinforce the pickup in economic momentum, experts say.

By Chernor Alimamy Kamara In order to support the operations of the Mobile Clinic, the Chinese Ambassador to Sierra Leone, Wang Qing has boosted the Ministry of Health with a 20,000 (twenty thousand) dollar in cheque. The cheque was presented at the commemoration of the maiden outreach service of Hospitals on Wheels at the conference room of the ministry in Freetown on the 1st

China’s financial regulators have the capability, confidence and conditions to maintain basic stability of the yuan’s exchange rate, the People’s Bank of China (PBC) said on Monday, pledging more efforts to correct pro-cyclical and one-sided behavior to curb speculation and other risks.

Consumer spending witnessed a rise during summer holidays in China, as various sectors welcomed a surge in retail sales.

Chinas official manufacturing purchasing managers index (PMI) continued to improve in August, marking the third consecutive monthly increase despite the index remaining in contraction territory.

By Sorie Ibrahim Fofanah In his first official engagement with Diplomats resident in Sierra Leone, Minister of Foreign Affairs and International Cooperation, Timothy Musa Kabba has called for coordination and cooperation between the government and the international community. The minister made this statement in an interactive engagement with members of the diplomatic community

Later the same day, it lowered the overnight, seven-day and one-month interest rates on its standing lending facility all by 10 basis points to 2.65 percent, 2.8 percent and 3.15 percent, respectively.

BEIJING, Aug. 17 (Xinhua) -- China has conducted some policy rate adjustments as part of efforts to shore up economic recovery. The People Bank of China (PBOC),

NTU don says votes should determine whether Singaporeans can stomach politicians involved in such affairs. Read more at straitstimes.com.

More than 4.7kg of heroin was seized from a Malaysia-registered car arriving at Woodlands Checkpoint last Saturday evening. Read more at stomp.straitstimes.com