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China Cuts Benchmark Lending Rates
China Cuts Benchmark Lending Rates
China’s commercial lenders cut their benchmark lending rates in a highly anticipated move as policymakers intensify efforts to boost the ailing economy.
China cuts key lending rates to support growth
China cut benchmark lending rates as anticipated at the monthly fixing on Monday, following reductions to other policy rates last month as part of a package of stimulus measures to revive the economy.
China lowers benchmark lending rates by 25 basis points
The move was not unexpected. China's central bank governor indicated last week that the loan market benchmark rate would be lowered by 20 to 25 basis points.
9h
Have We Reached “Peak China?”
I recently spoke with Logan Wright, who leads China market research at the Rhodium Group, about how to think about the next ...
1d
China's Economic Moves Fail to Impress Big Stocks as Alibaba, NIO Fall. Here's Why.
China’s central bank cut two key interest rates on Sunday, which was enough to help the Shanghai Composite Index to an ...
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on MSN
Iron ore gains on firm near-term demand, more China rate cuts
Prices of iron ore futures rose on Monday as near-term demand remained firm and the latest rate cut in top consumer China ...
1d
China Market Update: Mainland Investors Cheer Loan Prime Rate Cu
Asian equities were mixed overnight as Mainland China outperformed and the US dollar strengthened.
5d
China’s Mega Banks Trim Deposit Rates as Stimulus Hits Profits
China’s largest state-owned lenders have cut their deposit rates on Friday, their second reduction this year as they rushed ...
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