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.
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 of China (PBOC) Governor Pan Gongsheng announced plans to lower borrowing costs and allow banks to increase their lending.
China unveils major stimulus package to revive slowing economy
China’s central bank unveiled a broad package of monetary stimulus measures to revive the world’s second-largest
China moves to boost ailing economy with property, stimulus measures
The world’s second-largest economy has struggled to rebound from the pandemic, leading financial authorities to cut interest rates and support the property market.
China Tries to Jolt Ailing Economy
China’s central bank announced a blitz of measures to support the country’s weakening economy and energize its moribund stock market, an unusually broad package that signals growing unease in Beijing after a run of downbeat numbers on jobs,
China unveils broad stimulus measures to revive sputtering economy
China's central bank on Tuesday announced broad monetary stimulus and property market support measures to revive an economy grappling with strong deflationary pressures and in danger of missing this year's growth target.
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China bond yields fell to a record low after the People’s Bank of China announced that it will cut the reserve requirement ...
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The People's Bank of China will hold a press conference at 9 a.m. local time after cutting a short-term lending rate.
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Chinese equities led gains in Asia after the country’s central bank cut a key rate and announced a raft of measures to boost growth amid a flagging economic recovery from the pandemic. Along with ...