China, central bank
China central bank says to cut reserve requirements, interest rates
China's central bank will cut banks' reserve requirement ratio by 50 basis points and further reduce key interest rates to support a recovery in prices, its governor Pan Gongsheng said on Tuesday. Pan,
PBoC Governor: China will cut reserve requirement ratio by 50 basis points
People’s Bank of China Governor Pan Gongsheng said during a press conference on Tuesday that China will cut the amount of the reserve requirement ratio (RRR) by 50 basis points (bps). Pan added that the Chinese central bank would cut the 7-day repo rate to 1.5% from 1.7% and down payments for second homes will be cut to 15% from 25%.
China central bank will cut banks’ reserve requirement ratio by 50 bps
China's central bank will cut banks' reserve requirement ratio by 50 basis points and further reduce key interest rates to support a recovery in prices, its governor Pan Gongsheng said on Tuesday. (Reporting by Beijing
China PBOC Cuts Key Policy Rate
China’s central bank cut a key policy rate just one day after announcing several monetary easing measures to boost lending amid concerns that Beijing might miss its official annual growth target this year.
PBOC's mortgage rate cut is one of two measures that could 'really save' China's real estate, says UOB
Qi Wang, CIO, wealth management at UOB Kay Hian, discusses "two concerns" he has about the Chinese market and the recent slate of measures from the People's Bank of China.
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 ...
中国日报网6h
China to cut reserve requirement ratio: central bank governor
The People's Bank of China, the country's central bank, announced on Tuesday that it will soon reduce the bank reserve ...
China's central bank cuts bank reserve rates, pledges other moves to help the economy
The Chinese central bank announced Tuesday a slew of measures aimed at reviving the sluggish economy, mainly by tackling a ...
What China's biggest stimulus since the pandemic means for US investors: Morning Brief
China just unveiled a stimulus package to pull itself out of its economic doldrums. But there could be consequences that ...
China Moves To Avoid Economic Setback
The raft of new measures aims to jumpstart the economy amid a yearslong property downturn, muted consumer demand, and high youth unemployment.
China Market Update: The Policy Dragon Awakens As Mainland China & Hong Kong Rally
Hong Kong and Mainland China opened higher after yesterday’s monetary policy bazooka. Still, they faded across the trading ...
China rolls out broad rate cuts and other stimulus to spur weak economy
China announced a broad range of stimulus measures on Tuesday to support the faltering economy, stabilise the housing sector ...
btimesonline4h
China's Liquidity Measures May Miss Target as Weak Consumer Spending Persists
China's central bank has rolled out its most significant monetary easing measures since the early days of the pandemic, ...
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 Tries to Jolt Ailing Economy
China’s central bank announced a blitz of measures to support the country’s weakening economy and energize its moribund stock ...