Chinese economy – The Hourly News

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Belgian Prime Minister Bart De Wever in June 2025.

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The headquarters of the People's Bank of China in Beijing.

China’s Central Bank Shifts Main Policy Rate to Overnight Lending in Bid to Ease Funding

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Sony semiconductor technology centre in Yamagata, Japan, a file photo of a chip-making facility in Asia.

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The Tokyo Stock Exchange building in central Tokyo.

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An M.2 solid-state drive, the kind of storage device built with NAND flash memory.

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The Beehive and Parliament House in Wellington, New Zealand.

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China’s Central Bank Shifts Main Policy Rate to Overnight Lending in Bid to Ease Funding

Editorial Desk3 hours ago3 hours ago03 mins

The People’s Bank of China has formally moved its main policy rate to an overnight lending rate, injecting 541 billion yuan into the banking system in a step analysts say will ease funding conditions and support the economy.

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Interior of an abandoned factory workshop in Tianshui, China, a file photo illustrating Chinese industry.

China’s Factory Activity Contracts at Fastest Pace in Three Months as Demand Softens

Editorial Desk2 days ago02 mins

China’s official manufacturing PMI fell to 49.3 in October from 50.1 in September, slipping back into contraction as soft demand, including for exports, weighed on factories, official data showed on Saturday.

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