(eToro Blog) With China’s slowing growth a clear concern to Beijing it was only a matter of time before the government made further changes to its monetary policy. On Saturday, the people’s Bank of China announced that it was again relaxing reserve requirements, this time to 20.5% for the largest commercial banks, again a reduction [...]
Chinese Focus 
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Is China on the Path to Accelerate Once Again?
(eToro Blog) Recently, comments made by the Chinese Premier Wen Jiabao and Zhou Xiaochuan, the governor of the People’s Bank of China (PBOC), signaled a new willingness to become more deeply involved in the European Union’s debt crisis, with an aim to helping resolve it. That financial assistance was a long time in coming; over [...]
China has Debt too
Asian markets may have risen on the good news from Greece, but they may want to pay more attention to bad news closer to home. China has recently told its banks to roll over $1.7 trillion in debt in a move to help Chinese municipalities avoid defaulting on its massive debt load. Although many [...]
