The People's Bank of China became the 16th global central bank to ease monetary policies this year, after it reduced reserve requirements or the amount of cash banks must hold back from lending, starting from Thursday.
The announcement came in slightly earlier than expected. The central bank was cautious in terms of permanently injecting liquidity using the RRR cut in 2014. We are now looking for a total of three RRR cuts in 2015. We maintain our forecasts of two interest rate cuts in the first and second quarters respectively.
The liquidity stimulus effort by the People's Bank of China failed to impress investors on Thursday as the mainland stock market edged down eventually after a short-lived intraday jump.
China National Nuclear Corp, China's largest nuclear power plant operator, said on Thursday it will export its third-generation technology to Argentina under a bilateral agreement.
Chinese companies struggling with how to disclose the departure of top executives amid a nationwide crackdown on corruption are adopting the favored euphemism of corporations in the United States: personal reasons.
It is not easy to be part of a company with a multitude of facets. But what makes the effort worthwhile is when the company is a longtime specialist and innovator in the field of 3-D printing and holds intellectual property rights to several pioneering technologies.
With over 20 years of fast growth, 3-D printing has evolved from being just a definition found in textbooks, to a widely applied technology that is certain to generate more profits for companies in the future.
Students at Singapore's Nanyang Technological University have built a solar-powered electric car with a 3-D-printed body.
Growth in new orders slows despite marginal rise in manufacturing activities in January
|
|
|
|
|
|
|
|