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China's central bank on Thursday left interest rates for open market operations unchanged by fixing the rate for seven-day reverse repos — money sold and quickly bought back — at 2.45 percent, with the 14-day tenor, or payment time, at 2.60 percent and the 28-day tenor at 2.75 percent.
China's central bank may take an alternative approach to maintain lower corporate borrowing costs instead of an immediate interest rate cut. [Photo/VCG]
China's case is not well received by the United States. With deep-rooted strategic mistrust toward China, US politicians have failed to catch up with China's understanding of cooperation and adopted an increasingly protective and isolationist approach.
China's capital has instituted nucleic acid testing for returnees from Wuhan, the city in Central China’s Hubei province hard-hit by COVID-19 and in the past five days, all results have been negative, according to Gao Xiaojun, spokesman for the Beijing Municipal Health Commission, on Tuesday.
China's IPO market bucked the global decline last year as the debut of the sci-tech innovation board in July drove IPO activity up, said Zhang Ningning, an assurance partner at EY.
来源：资阳报