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Chinese Banks Slash Key Lending Rates to Bolster Ailing Economy
China cut its benchmark lending rates after the central bank lowered key interest rates at the end of September as part of a series of measures aimed at reviving economic growth and halting a housing market crash.
Chinese Stocks Advance in Choppy Trade After Banks Cut Rates
Chinese stocks rose amid a volatile session, as investors weighed the move by commercial banks to slash lending rates against calls for increased government spending to help the economy turn a corner.
Chinese banks cut lending rates in latest bid to boost growth – business live
Rolling coverage of the latest economic and financial news. Good morning, and welcome to our rolling coverage of business, the financial markets and the world economy. Banks in China have cut borrowing costs in the latest attempt to stimuluate growth across the Chinese economy.
Metals Rise After Chinese Banks Cut Rates to Aid Property Market
Iron ore and base metals rose after Chinese banks cut their benchmark lending rates, part of a push by Beijing to ensure Asia’s biggest economy meets growth targets for this year.
China Cuts Benchmark Lending Rates To Revive Growth
China reduced its benchmark lending rates by 25 basis points on Monday as the economic growth slowed further amid persistent
China Cuts Benchmark Lending Rates as Easing Push to Boost Economy Continues
China’s commercial lenders cut their benchmark lending rates in a highly anticipated move as policymakers intensify efforts to boost the ailing economy.
China cuts key lending rates to support growth
China cut benchmark lending rates as anticipated at the monthly fixing on Monday, following reductions to other policy rates last month as part of a package of stimulus measures to revive the economy.
China cuts key mortgage rate, ‘encouraging sign’ amid push to stabilise property market
China announced on Monday it had slashed a key reference rate for mortgage loans by a quarter of a percentage point, as the country stepped up efforts to stabilise the property market. The benchmark five-year loan prime rate (LPR) was lowered from 3.
China cuts key lending rates to revive flagging economy
Analysis of recent rate cuts by the PBOC in China to boost the economy, including reductions in one-year LPR and five-year LPR.
2d
on MSN
Chinese economy misses growth target for second straight quarter, but shows signs of a turnaround
Economic growth in China slowed slightly in the second quarter pulled down by weak consumer sentiment and a struggling ...
2d
on MSN
Peru's Chinese-built mega port to begin moving two container ships a week in November
Peru's massive Chancay port will begin shipping two container ships a week late next month following the port's inauguration ...
Bangkok Post
1h
Chinese businessmen abducted, ransomed for B12m
Police are hunting an armed gang that allegedly abducted two Chinese businessmen from their office in Bangkok and ransomed ...
2d
on MSN
Chinese Growth Comes in Cooler as Investors Pin Hopes on Stimulus
Wobbly data for the third quarter underscores challenges for Beijing policymakers seeking to boost economic activity.
2d
on MSN
Peru's Chinese-built mega port to soft launch in late November with Shanghai route
Peru's massive Chancay port, which authorities hope will become a major shipping hub for South America-Asia trade, will ship ...
BizPac Review
20h
Former senior staffers from top congressional offices lobbied for Chinese military companies
High-ranking alumni of some of the most powerful congressional offices in the country have lobbied on behalf of companies controlled or greatly influenced by the Chinese military, […] ...
2d
Chinese Stocks Rally on Fresh Central Bank Support
China's stimulus came more into focus on Friday—and stock markets liked it. Mainland China's CSI 300 Index and Hong Kong’s ...
YourTango
1d
3 Chinese Zodiac Signs Predestined To Achieve Career Success In Their Lifetime
According to Maria Park, three Chinese zodiac signs are "workaholics," driven to achieve career success no matter what — and ...
3d
on MSN
DHS deports Chinese migrants on charter flight
The Department of Homeland Security (DHS) deported a group of Chinese migrants earlier this week on a charter flight to China ...
7h
Mixing Hotpot With Horsepower. Have Chinese Car Gimmicks Gone Too Far?
China’s electric vehicle makers have been known to push the envelope when it comes to dreaming up new functions to attract ...
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