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China, ailing economy and stimulus
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 a stagnant economy.
China central bank cuts medium-term loan rate
China's central bank lowered the cost of its medium-term loans to banks on Wednesday in a move consistent with broad policy easing measures announced a day earlier to shore up a flailing economy. The People's Bank of China (PBOC) said it cut the rate on 300 billion yuan ($42.
China needs more than rate cuts to boost economic growth
More fiscal support is needed, analysts said, after the PBOC surprised markets by announcing plans to cut a number of rates.
2h
on MSN
China stocks soar in stimulus afterglow; dollar sags on rate bets
Chinese stocks surged on Wednesday, lifting regional markets and helping extend a stimulus-fueled global rally that also ...
ET Auto
18m
Copper hits more than 2-month high on US rate cut momentum, improving China demand
Copper prices have risen due to the recent U.S. interest rate cut and increased demand in China, driven by stimulus measures ...
kpvi
1d
Hong Kong, Shanghai lead markets rally after China stimulus
Hong Kong and Shanghai stocks led gains across Asia and Europe on Tuesday after China unveiled fresh stimulus measures as the ...
20h
Fed's rate cut offers limited relief for US factories facing China competition
"What the Fed can do is create expectations for short-term growth with a rate cut, which is powerful," said Cliff Waldman, ...
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