China central bank releases slate of support measures amid a deepening economic slump
People's Bank of China Governor Pan Gongsheng is set to speak to reporters Tuesday alongside two other financial regulator heads.
China central bank cuts medium-term loan rate
China's central bank lowered the cost of its medium-term loans to banks on Wednesday in a move consistent with broad policy easing measures announced a day earlier to shore up a flailing economy. The People's Bank of China (PBOC) said it cut the rate on 300 billion yuan ($42.
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
China's central bank unveils most aggressive stimulus since pandemic
China's central bank on Tuesday unveiled its biggest stimulus since the pandemic to pull the economy out of its deflationary funk and back towards the government's growth target, but analysts warned more fiscal help was vital to hit these goals.
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,
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 ...
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 ...
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 ...
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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 ...
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 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 ...
Asia-Pacific markets climb with China's central bank in focus; S&P and Dow set fresh records
The People's Bank of China will hold a press conference at 9 a.m. local time after cutting a short-term lending rate.
The Chinese yuan surged to a 16-month high, but Beijing may not be happy about it
The US dollar to offshore Chinese yuan, or CNH rate fell to as low as 6.9951, the first time it breached the 7 per dollar ...
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 ...
ThePrint2d
Stocks, yuan, copper rise after China unveils stimulus
A global stock index rose to a record high and copper prices hit their strongest level in 10 weeks on Tuesday after China ...
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China Implements Monetary Stimulus to Combat Deflation and Spur Growth
China's central bank introduced monetary stimulus and property market support in response to deflationary pressures and ...
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PAN Gongsheng: PBOC to Reduce Mortgage Rates for Homes in Stock, Standardize Min. Down Payment Ratio for Mortgages
Pan Gongsheng, Governor of the People's Bank of China (PBOC), announced at a press conference of the State Council ...