China, mortgage rates
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’s Central Bank Adds to Easing Blitz With Another Rate Cut
The People’s Bank of China delivered another policy rate cut, a day after announcing a slew of monetary easing measures to aid the economy amid concerns that Beijing’s annual growth target is increasingly out of reach.
The People's Bank of China Joins the Rate-Cut Party. Brace for More Stimulus.
China's central bank followed the Federal Reserve's lead by cutting interest rates on Monday. It also revealed it's planning to hold a rare briefing on the economy, sparking gossip about whether Beijing could be about to push the boat up in a bid to boost growth.
China cuts banks' reserve ratio as economic growth sputters
China's central bank said on Friday it would cut the amount of cash that banks must hold as reserves by 50 basis points, the second reduction this year aimed at bolstering faltering economic growth. The move takes effect Friday and was flagged on Tuesday by PBOC Governor Pan Gongsheng at a press conference,
China Cuts Key Rate, Frees Up Cash for Banks to Spur Growth
China cut the amount of cash banks must keep in reserve Friday and lowered a key policy rate, as Beijing rolls out a strong stimulus package unveiled this week in a push to shore up the slowing economy and investor confidence.
China Caps Week Of 'Bazooka' Stimulus For Ailing Economy With Rate Cut
China on Friday opened up over a hundred billion dollars in cash for its ailing economy, capping a week in which its leadership embark on one of their biggest drives in years to kickstart growth.
China central bank cuts seven-day reverse repo rate to aid economy
China's central bank said on Friday it was lowering the borrowing cost of its seven-day reverse repurchase agreements, as part of the biggest stimulus package since the pandemic unveiled by Beijing this week to support the economy.
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 ...
China's central bank unveils most aggressive stimulus since pandemic
BEIJING, Sept 24 (Reuters) - China's central bank on Tuesday unveiled its biggest stimulus since the pandemic to pull the ...
People's Bank of China
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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 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 ...
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.
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 ...
How China Plans to Fix Its Ailing Economy
Global investors have waited a long time for Beijing to acknowledge "enough is enough" and save its ailing economy. Despite a ...