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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.

BBC · 3d

Is China’s central bank doing enough to revive its economy?

New stimulus measures are being introduced by China’s central bank to reduce interest rates on existing mortgages. Devina Gupta speaks to lead economist Betty Wang. Also, is fashion giant Shein benefiting from tax loopholes in the UK?

The Economist · 3d

China’s central bank tries to save the economy—and the stockmarket

A s China’s economy has descended into deflation, the central bank’s lack of urgency has been a source of frustration. Officials at the People’s Bank of China (PBoC) at firs

UPI News on MSN · 3d

Chinese central bank unveils economic stimulus package

China's central bank Tuesday cut mortgage interest rates, the minimum downpayment for homebuyers and said it would soon slash the size of the contingency cash buffer banks must keep on one side in a b

Axios on MSN · 3d

China's central bank goes big with monetary easing

The People's Bank of China unleashed a fusillade of measures aimed at arresting the nation's economic malaise Tuesday morning. Why it matters: The world's second-largest economy faces a popping property bubble,

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 ...

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 ...

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 ...

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 ...

2don MSN

The Chinese yuan surged to a 16-month high, but Beijing may not be happy about it

The US dollar to offshore Chinese yuan, or CNH rate fell to as low as 6.9951, the first time it breached the 7 per dollar ...

Business Insider3d

China just released aggressive measures to boost its economy — but some analysts say it's still not enough

On Tuesday, three of its top financial regulators appeared side by side in a rare press conference on the economy where People's Bank of China governor Pan Gongsheng announced a broad range of ...

Xi’s Economic Adrenaline Shot Is Only Buying China a Little Time

First he took a sip of tea to gather his composure. Then Chinese central banker Pan Gongsheng unleashed one of the country’s ...

4don 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.

阿思達克財經網3d

PAN Gongsheng: PBOC to Reduce Mortgage Rates for Homes in Stock, Standardize Min. Down Payment Ratio for Mortgages

Pan Gongsheng, Governor of the People's Bank of China (PBOC), announced at a press conference of the State Council Information Office that the PBOC will lower the mortgage interest rates for ...