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China to cut existing mortgage rates by end of Oct.
China to cut existing mortgage rates by the end of October
China's central bank said on Sunday it would tell banks to lower mortgage rates for existing home loans before Oct. 31, as part of sweeping policies to support the country's beleaguered property market as the economy slows.
China’s central bank cuts existing mortgage rates amid efforts to support property market
China's central bank on Sunday adjusted the pricing mechanism for mortgage rates, as the country aims to lower the financial burden on property owners. In accordance with the central bank's guidance,
China has cut rates, now it needs a fiscal policy package: former central bank adviser
Outspoken economist Yu Yongding calls for more infrastructure investment ‘or we won’t meet this year’s 5 per cent growth target’.
16h
on MSN
China's central bank buys 200 billion yuan of sovereign bonds in September
The Chinese central bank said on Monday it had bought 200 billion yuan ($28.52 billion) of the country's government bonds in ...
7h
As the People's Republic of China turns 75, a legacy of economic success faces challenges
The bursting of China's economic bubble has exposed deep vulnerabilities in the Chinese Communist Party — and threatens Xi ...
The Economist
6d
China’s central bank tries to save the economy—and the stockmarket
A s China’s economy has descended into deflation, the central bank’s lack of urgency has been a source of frustration for ...
1d
People's Bank of China
Use precise geolocation data. Actively scan device characteristics for identification. Store and/or access information on a ...
5d
China’s Central Bank Adds to Easing Blitz
The People’s Bank of China delivered another policy rate cut, a day after announcing a slew of monetary-easing measures.
Axios
6d
China's central bank goes big with monetary easing
The new actions show the government's resolve to get growth back on track — but also the limits of the policy tools it's ...
China Internet Information Center
11h
Economic Watch: China unveils raft of financial, housing policies to stabilize real estate market
BEIJING, Sept. 30 (Xinhua) -- China's central bank and Ministry of Housing and Urban-Rural Development on Sunday rolled out a slew of policies to ease the financial burden born by property owners and ...
CoinDesk
3d
Bitcoin Prices Show Positive 30-Day Correlation With China's Central Bank Balance Sheet
The new inflow of cash could indirectly push up the price of bitcoin, particularly in the long term perspective,” one analyst ...
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