The five-year benchmark loan rate — the peg for most mortgages — was cut by 25 basis points, according to a statement Tuesday from the People’s Bank of China.
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China boosts property funding with first cut in key loan rate since June
Taiwan minister says China coast guard triggers panic by boarding Taiwan tourist boat
The boarding of a Taiwanese tourist boat by China’s coast guard triggered panic among Taiwanese people, a Taiwan minister said on Tuesday, as tensions rise across the sensitive Taiwan Strait.
Singapore Airshow to feature aerial displays and the international debut of China’s C919
The Singapore Airshow – Asia’s largest – kicks off Tuesday with an array of aerial displays including some by China’s COMAC C919 narrow-body airliner.
China Cements Grip on Tech as Beijing Tightens Economy Control
China’s ruling Communist Party will play a bigger role in steering its vast technology industry, the latest sign that Beijing intends to exert more influence over swathes of the world’s No. 2 economy.
China central bank cuts benchmark lending rate for the first time since June
The People’s Bank of China cut the five-year loan prime rate (LPR) to 3.95% from 4.2%, while the one-year LPR, which serves as a benchmark for corporate loans, was kept unchanged at 3.45%.
China cuts mortgage reference rate more than expected to revive property market
China cut a benchmark reference rate for mortgages at a monthly fixing on Tuesday as authorities ramped up efforts to stimulate credit demand and revive the property market.
China cuts benchmark 5-year lending rate for the first time since June
The five-year benchmark loan rate — the peg for most mortgages — was cut by 25 basis points, according to a statement Tuesday from the People’s Bank of China.
Top 6 things to know about crypto and Bitcoin this week
This week, macro analysts are inclined toward caution in the wake of recent U.S. inflation data that caused the Federal Reserve significant distress – this has, in turn, favored crypto markets and …
China’s travel boom spin has failed to impress international investors
The return of Chinese markets after the Lunar New Year break will be closely watched to gauge sentiment and investor appetite, especially amid ongoing concerns about the property and stock market …
China ready to work with EU to uphold free trade, multilateralism, foreign minister says
China is ready to work with the European Union to uphold free trade, practice multilateralism, and promote an equal and orderly multi-polar world and inclusive economic globalisation, its foreign …
China just recorded the lowest level of foreign direct investment since 1993
China’s direct investment liabilities in its balance of payments … Subscribe to the CFO Daily newsletter to keep up with the trends, issues, and executives shaping corporate finance. Sign up for …
China Insight: Golden Opportunities Highlighted in the 2023 Results of Chinese Brands
China’s domestic market faces major challenges, but multibrand and internationalization strategies can help companies continue to grow.
From Girl Power To Penhaligon’s: China’s Love Affair With London Fashion Week
London Fashion Week might be hitting 40 but the event’s fresh position continues to attract Chinese designers.
