China Cuts Benchmark Lending Rates To Revive Growth
China reduced its benchmark lending rates by 25 basis points on Monday as the economic growth slowed further amid persistent deflationary pressures. The People's Bank of China cut its one-year…
China reduced its benchmark lending rates by 25 basis points on Monday as the economic growth slowed further amid persistent deflationary pressures. The People's Bank of China cut its one-year…
Open this photo in gallery:A woman cycles past the Beijing Stock Exchange building, in Beijing, on Feb. 8.Florence Lo/ReutersChina’s central bank kicked off two funding schemes on Friday that will…
(Bloomberg) -- Chinese stocks extended gains in the afternoon as President Xi Jinping’s emphasis on technology development and a slew of central bank statements reignited optimism over policy support.Most Read…
By Samuel Shen, Ankur Banerjee and Tom WestbrookSHANGHAI/SINGAPORE (Reuters) - China's highly anticipated announcement of financial stimulus plans on Saturday was big on intent but low on the measurable details…