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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 Central Bank Cuts Seven-Day Reverse Repo Rate to Aid Economy
SHANGHAI (Reuters) -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.
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 ...
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.
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 ...
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 ...
Zawya
16h
China's central bank buys $28.52bln of sovereign bonds in September
The People's Bank of China said the operation was to "strengthen counter-cyclical adjustment of monetary policy and keep banking system liquidity reasonably ample" ...
China Internet Information Center
1d
China unveils raft of measures to stabilize property market
The People's Bank of China and the National Financial Regulatory Administration rolled out a wave of policies on Sunday to ...
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