China Cuts Interest Rates Again To Shore Up Its Economy

China keeps slashing lending rates as authorities ramp up their efforts to stave off a sharp economic slowdown.

Topics:  china   rates   
BING NEWS:
  • 2nd LD-Writethru-Economic Watch: With lending rate cut, China increases support for economic growth
    China on Friday cut the market-based benchmark lending rate, the latest move to shore up the economy. The over-five-year loan prime rate (LPR), on which many lenders base their mortgage rates, fell by ...
    05/20/2022 - 4:34 am | View Link
  • Economic Watch: With lending rate cut, China increases support for economic growth
    China on Friday cut the market-based benchmark lending rate, the latest move to shore up the economy. The over-five-year loan prime rate (LPR), on which many lenders base their mortgage rates, fell by ...
    05/20/2022 - 3:58 am | View Link
  • FTSE 100 gets that Friday feeling as China cuts its five-year lending rate
    FTSE 100 up 143 points ; US equities to open higher; China cuts its five-year loan prime rate but leaves one-year rate unchanged; UK blue-chips have had a strong morning and now U ...
    05/20/2022 - 12:08 am | View Link
  • FTSE 100 has sparkling morning after China cuts its five-year lending rate
    FTSE 100 up 143 points ; US equities to open higher; China cuts its five-year loan prime rate but leaves one-year rate unchanged; UK blue-chips have had a strong morning and now U ...
    05/20/2022 - 12:08 am | View Link
  • China on ‘path of further easing’ after cutting mortgage rate in bid to revive economy
    China held its one-year loan prime rate (LPR), the People’s Bank of China (PBOC) said on Friday, but cut the five-year LPR used as a reference for mortgages.
    05/19/2022 - 11:22 pm | View Link
  • More
BING SEARCH:
  • China holds 1 -year benchmark loan rate, but cuts mortgage reference ...
    China's central bank lowered its mortgage reference rate by a record margin on Friday to shore up the property market and long-term loan demand amid the faltering economy. The People's Bank of ...
    05/20/2022 - 5:28 am | View Website
  • China’s Economic Activity Collapses Under Xi’s Covid Zero Policy
    China’s main financial newspapers on Monday published a six-month-old speech by President Xi Jinping on the need to preserve jobs and shore up growth, a sign of greater urgency to bolster the ...
    05/15/2022 - 10:52 pm | View Website
  • Federal election 2022: Scott Morrison, Richard Marles campaign in ...
    Labor deputy leader Richard Marles says Australia’s national security is at its “most complex point” since the Second World War, but lashed the Coalition for making Australians “less safe”.
    05/14/2022 - 6:47 am | View Website
  • How is China helping its smallest businesses survive Omicron ...
    Value-added tax (VAT) will continue to be exempted for small taxpayers – those with monthly sales revenue of below 150,000 yuan. Income tax will be halved if annual payment is between 1 million ...
    04/17/2022 - 12:24 am | View Website
  • China cuts reserve requirement ratio to boost economy, releasing US$83 ...
    China’s central bank on Friday announced a much-anticipated cut of its reserve requirement ratio (RRR), or the amount of cash that banks must hold in reserve, to shore up its slowing economy ...
    04/15/2022 - 10:27 am | View Website
  • More
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