BEIJING, Sept. 24 (Xinhua) -- China will lower mortgage rates on existing home loans to a level similar to those of newly issued housing loans, Pan Gongsheng, governor of the People's Bank of China, ...
People’s Bank of China governor Pan Gongsheng announced a volley of stimulus at a rare briefing Tuesday in Beijing, including ...
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China's central bank on Tuesday unveiled fresh measures to boost the struggling economy, cutting the amount of cash banks must hold in reserve and lowering a key interest rate.