China’s property crisis – where a toxic mix of over-building, poor sales, falling values and heavy debts have driven some of the biggest developers into insolvency – has undermined the financial …
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China’s central bank cuts a key interest rate, moving to revive property sales and put more pep into its slowing economy
China’s central bank cuts a key interest rate, moving to revive property sales and put more pep into its slowing economy …
China central bank cuts two key rates to support flagging economy
China’s central bank on Monday cut two benchmark interest rates in a bid to boost lending and kickstart growth in the world’s second-largest economy. – Sluggish growth – The economy slowed sharply in …
China’s Central Bank Lowers Key Policy Rate Unexpectedly
China’s central bank unexpectedly cut a key policy rate to support the country’s ailing economy, just days after a flurry of data showed that a lopsided recovery might have lost some steam. The People …
China’s central bank lowers collateral requirement for medium-term lending facility
Headquarters of the People’s Bank of China (PBOC), the central bank, is pictured in Beijing. [Photo/IC] BEIJING — China’s central bank said on Monday that it will lower the collateral requirement for …
Xi Vows to Rewire China’s Finances, Help Indebted Regions
China’s top leader mapped out measures for fixing the debt … both issues by incentivizing officials to lift consumer spending and offering them a new finance stream. Slapping additional taxes on …
China central bank says cuts two key rates to support economy
China’s central bank on Monday cut two benchmark interest rates in a bid to boost lagging growth in the world’s second-largest economy.
China’s third plenum holds out hope for debt-hit local governments with funding reform
China to aim for ‘clear division’ of central-local responsibilities and coordinated finances, full text of third plenum decisions shows.
Xi Jinping unveils sweeping plans to fix China’s $9 trillion hidden debt crisis
as foreign leaders accuse Beijing of using exports to compensate for weak demand at home. Giving a larger portion of consumption tax to regions could address both issues by incentivizing officials to …
China’s central bank battles perceptions that deflation is taking hold
HONG KONG — China’s economy faces growing deflationary pressure, and its central bank is trying to keep pessimism at bay by pushing up interest rates. This month, the People’s Bank of China (PBOC) …
Here’s how China can fund its third plenum goal of high-quality development
Given China’s weakened financial position, it must embrace low-cost reforms that drive growth without adding to budget pressures.
Top U.S. general: ‘We’ve got to do better’ at countering China and Russia in America’s own backyard
U.S. officials and private companies have “to do better” at engaging allies across Central and South America to counter aggressive Chinese and Russian moves in the region, SouthCom commander Gen.
China Has Invested a Staggering $169.3 Billion in This Country in 2 Decades
China’s Belt and Road Initiative (BRI) was founded on a desire to increase China’s connectivity with Europe and Africa.
