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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,
People’s Bank of China cuts RRRs and key rates
The People’s Bank of China has cut its main policy rate and its reserve requirement ratios (RRRs) for banks, as part of the economic stimulus package it unveiled earlier this week.
19h
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 ...
10h
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 ...
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 ...
5d
China unveils raft of measures to boost economy
China's central bank has unveiled a major package of measures aimed at reviving the country's flagging economy. People's Bank ...
3d
China stimulus may spur buying in overseas equities, Bank of America says
China’s recent stimulus measures may spur buying in overseas stocks, including in emerging markets and commodities, Bank of ...
3d
China-Linked Stocks Climb on Bevy of Stimulus Measures
(Reuters) -U.S.-listed shares of Chinese firms and China-focused funds jumped on Friday and are set for another day of strong ...
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