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China central bank releases slate of support measures amid a deepening economic slump
Beijing will cut the amount of cash banks need to have on hand, known as the reserve requirement ratio, or RRR, by 50 basis points in the near term, People's Bank of China Gov. Pan Gongsheng said.
Is China’s central bank doing enough to revive its economy?
New stimulus measures are being introduced by China’s central bank to reduce interest rates on existing mortgages. Devina Gupta speaks to lead economist Betty Wang. Also, is fashion giant Shein benefiting from tax loopholes in the UK?
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. Officials at the People’s Bank of China (PBoC) at firs
Chinese central bank unveils economic stimulus package
China's central bank Tuesday cut mortgage interest rates, the minimum downpayment for homebuyers and said it would soon slash the size of the contingency cash buffer banks must keep on one side in a b
China's central bank goes big with monetary easing
The People's Bank of China unleashed a fusillade of measures aimed at arresting the nation's economic malaise Tuesday morning. Why it matters: The world's second-largest economy faces a popping property bubble,
3d
on MSN
China bonds rally with yields hitting record lows after PBOC signals more easing to boost growth
China bond yields fell to a record low after the People's Bank of China announced that it will cut the reserve requirement ...
3d
China’s Central Bank Chief Is Task Master Xi Couldn’t Let Retire
Pan Gongsheng was axed from the Communist Party’s inner web last year. Then a slew of economic problems hit and the ...
2d
China Cuts Interest Rates and Mortgage Down Payments
The country’s central bank also freed commercial banks to lend more money in a package of moves aimed at rekindling growth in ...
2d
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
Factbox-China Rolls Out Broad Rate Cuts and Other Stimulus to Spur Weak Economy
China's central bank will cut banks' reserve requirement ratio (RRR) by 50 basis points in the near future, freeing up about ...
2d
PBOC to set up US$71 billion swap facility to prop up stock market
The PBOC plans to set up a swap facility that would give financial institutions access to at least US$71 billion in funding ...
2d
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 ...
1d
China’s Stocks Intervention Faces Long Odds Once Euphoria Fades
China’s pledge of up to $340 billion to boost its ailing equities is invoking parallels with past efforts at home and in ...
3h
China cuts banks' reserve ratio by 50 bps as economic growth sputters
People's Bank of China (PBOC) said it would cut the reserve requirement ratio (RRR) for all banks, except those that have ...
NBC Los Angeles
3d
China 10-year bond yield hits record low after PBOC signals more easing
China bond yields fell to a record low after the People’s Bank of China announced that it will cut the reserve requirement ...
2d
Xi’s Economic Adrenaline Shot Is Only Buying China a Little Time
First he took a sip of tea to gather his composure. Then Chinese central banker Pan Gongsheng unleashed one of the country’s ...
3d
on MSN
China property stocks rally on homes mortgage stimulus
Hang Seng Mainland Properties Index surged as much as 5% after PBOC Gov. Pan Gongsheng announced several measures on Tuesday.
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