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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.
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 of China (PBOC) Governor Pan Gongsheng announced plans to lower borrowing costs and allow banks to increase their lending.
China unveils major stimulus package to revive slowing economy
China’s central bank unveiled a broad package of monetary stimulus measures to revive the world’s second-largest
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 unveiled stimulus measures to
China moves to boost ailing economy with property, stimulus measures
The world’s second-largest economy has struggled to rebound from the pandemic, leading financial authorities to cut interest rates and support the property market.
China Tries to Jolt Ailing Economy
China’s central bank announced a blitz of measures to support the country’s weakening economy and energize its moribund stock market, an unusually broad package that signals growing unease in Beijing after a run of downbeat numbers on jobs,
China unveils broad stimulus measures to revive sputtering economy
China's central bank on Tuesday announced broad monetary stimulus and property market support measures to revive an economy grappling with strong deflationary pressures and in danger of missing this year's growth target.
10h
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 ...
23h
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 ...
23h
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 ...
NBC Los Angeles
1d
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 ...
1d
on MSN
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.
18h
PBOC to set up US$71 billion swap facility to prop up stock market
The People's Bank of China (PBOC) plans to set up a swap facility that would give non-bank financial institutions access to ...
17h
on MSN
Stock market today: World shares gain as China unveils moves to aid economy
World shares advanced Tuesday, with Chinese markets logging the biggest gains after Beijing announced a slew of measures to ...
6h
on MSN
Equities, commodities climb after China announces stimulus
A widely followed global stock index rose to a record high and copper prices hit their strongest level in 10 weeks on Tuesday ...
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China
Dow Jones Industrial Average
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