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.
People’s Bank of China lowered the seven-day reverse repo rate, as well as both the one-year and five-year loan prime rates, just days after the conclusion of the third plenum. The Bank for ...
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The writer is a professor at Cornell University and senior fellow at the Brookings Institution If monetary ...
The central bank lowered a key rate in its latest effort to steady China’s economy, as Asian stock markets followed Wall Street down. By Keith Bradsher President Xi Jinping is presiding over a ...
China's big stimulus measure was likely made easier after the Federal Reserve last week cut its key rate by an outsize 50 basis points, as it reduced the risk that more aggressive easing by the People ...
China has unleashed a swath of stimulus measures including cuts to its benchmark interest rate as Beijing battles a slowdown ...
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